Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION BY PT XL AXIATA TBK., A SUBSIDIARY OF AXIATA GROUP BERHAD, OF AN EQUITY INTEREST IN PT AXIS TELEKOM INDONESIA |
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(Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the announcement dated 26 September 2013 in relation to the Proposed Acquisition.) We refer to the announcements dated 26 September 2013, 2 December 2013 and 6 February 2014 in relation to the Proposed Acquisition. On behalf of the Board of Axiata, CIMB is pleased to announce that XL had on 6 March 2014 received the favourable opinion from the Komisi Pengawas Persaingan Usaha of Indonesia in respect of the Proposed Acquisition. Pursuant to the above, XL has complied with all the regulatory requirements stipulated in the SPA entered into on 26 September 2013. This announcement is dated 10 March 2014. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | MM-140310-61222 |