PROPOSED DISPOSAL OF UP TO 20% STAKE IN AXIATA (CAMBODIA) HOLDINGS LIMITED, THE HOLDING COMPANY OF SMART AXIATA CO., LTD
We refer to our announcements dated 19 May 2017 and 1 June 2017 in relation to the Proposed Disposal (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.
We are pleased to announce that MY Asia has today completed the exercise of the Mitsui Call Option in accordance with the terms of the ARSA.
AIC and M&Y Asia now respectively holds 72.5% and 20% in ACH with the balance 7.5% held by SCV.
This announcement is dated 12 June 2018.
|Company Name||AXIATA GROUP BERHAD|
|Date Announced||12 Jun 2018|
|Category||General Announcement for PLC|