1994

1996

1998

FeBrUarY 1994

oCtoBer 1996

MaY 1998

A joint venture agreement was

TMIB (now known as robi)

TMI via TM purchased 51%

entered into between TMI and

was  incorporated  in

of  Cambodia  Samart

Sunpower Systems (Private)

Bangladesh as a joint venture

Communication Company

Limited to set up dialog (then

company between A.K. Khan

Limited (Casacom) (now

known as MTn).

& Co. Ltd. and TM.

known  as  HACL)  from

Samart.

noVeMBer 1996

Sunpower Systems (Private)

Limited divested its stake in

MTn (now known as dialog)

to TMI, which resulted in

dialog becoming wholly-

owned by TMI.

MaJor

Milestones

2005

JanUarY 2005

aUGUst 2005

TMI through TMIL (now known as

TMI, Khazanah and SunShare (now

AIL) acquired the entire equity

known as Axiata Singapore)

interest of Indocel (now known as

entered into a joint venture and

Axiata Indonesia), which had a

shareholders' agreement to

23.1% equity interest in XL.

establish SunShare as a joint

venture company for the acquisition

of equity interest in M1.

FeBrUarY 2005

TMI through TMIL entered into a

septeMBer 2005

share sale agreement to acquire a

78% stake in Multinet from nasser

A restated joint venture and

Khan Ghazi and Adnan Asdar.

shareholders' agreement was

entered into by SunShare, TMI,

Khazanah and TM as a new

JUne 2005

party to the earlier agreement

Indocel acquired an additional 4.2%

to participate in the affairs

equity interest in XL from rogan

of SunShare.

Partners, Inc.

septeMBer 2005

JUlY 2005

XL was listed on the Jakarta Stock

dialog was listed on the Colombo

exchange (now known as the

Stock exchange.

Indonesia Stock exchange).

Notes:

1. TMIL changed its name to Axiata Investments (Labuan)

Limited (AIL) w.e.f. 28 June 2010

2. Indocel changed its name to Axiata Investments (Indonesia)

Sdn Bhd (Axiata Indonesia) w.e.f. 6 July 2010

3. Sunshare changed its name to Axiata Investments

(Singapore) Limited (Axiata Singapore) w.e.f. 4 June 2010

pg 34