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Back 01 Jun 2017
Type Announcement
Subject OTHERS
Description

PROPOSED DISPOSAL OF UP TO 20% STAKE IN AXIATA (CAMBODIA) HOLDINGS LIMITED, THE HOLDING COMPANY OF SMART AXIATA CO., LTD

We refer to the announcement dated 19 May 2017 on the proposed disposal of up to 20% stake in Axiata (Cambodia) Holdings Limited (“ACH”) to M&Y Asia Telecom Holdings Pte. Ltd. (“MY Asia”). Unless stated otherwise, the definitions used herein shall have the same meanings as set out in the said announcement.

We are pleased to announce that the Initial Sale was completed today. AIC and MY Asia now respectively holds 82.5% and 10% interest in ACH, with the balance 7.5% held by SCV.

This announcement is dated 1 June 2017.





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 01 Jun 2017
Category General Announcement for PLC
Reference Number GA1-31052017-00003

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Axiata Group Berhad (242188-H)Level 5, Corporate Headquarters, Axiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur