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.
|Company Name||AXIATA GROUP BERHAD|
|Date Announced||01 Jun 2017|
|Category||General Announcement for PLC|