Investors

Axiata Group Berhad (“Axiata”) is pleased to announce that edotco Malaysia Sdn Bhd, a wholly owned subsidiary of edotco Group Sdn Bhd which in turn is a 63.0% owned subsidiary of Axiata, has today entered into a Share Sale Agreement with Touch Group Holdings Sdn Bhd (“TGHSB”) for the acquisition of the entire issued and paid-up share capital of Touch Mindscape Sdn Bhd comprising 14,100,000 ordinary shares, and 10,900,000 preference shares held by TGHSB for a total purchase consideration of RM1,700 million.

Axiata also wish to announce that Axiata had on 30 November 2021 entered into a Memorandum of Understanding (“MOU”) with TGHSB to jointly explore potential opportunities to collaborate in the information and communications technology infrastructure industry in Malaysia.

Attached herewith the detail announcement in relation to the above matters.

This announcement is dated 30 November 2021.