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Back 23 Feb 2018
Type Announcement
Subject OTHERS
Description

ALLOTMENT OF IDEA SHARES UNDER QUALIFIED INSTITUTIONAL PLACEMENT (QIP)

We refer to our announcement on 13 February 2018 on the Preferential Issuance of Idea Shares. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the above announcement.

Following further notification by Idea on the allotment of 424,242,424 Idea Shares at an issue price of INR82.50 per Idea Share aggregating to INR35.0 billion to eligible qualified institutional buyers in the QIP to the NSE dated 23 February 2018, Axiata wishes to announce further dilution of Axiata Group’s shareholding in Idea from 18.10% to 16.34%.

The purpose of this announcement is to provide the estimated financial impact resulting from the abovementioned dilution due to non-participation by Axiata Group on the QIP. Further details in the attached announcement.

This announcement is dated 23 February 2018. 



Please refer attachment below.

 


Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 23 Feb 2018
Category General Announcement for PLC
Reference Number GA1-22022018-00012

Attachments

  1. Bursa_Announcement-Project_Indigo_(Loss_on_Dilution)_230218.pdf (Size: 39,680 bytes)

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