Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | OTHERS |
| Description |
Status of Memorandum of Understanding ("MOU") between Axiata Group Berhad ("Axiata") and RHB Bank ("RHB") |
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We refer to the announcements dated 2 June 2021, 30 August 2021, 30 November 2021 and 28 February 2022 on the MOU between Axiata and RHB.
We wish to announce that save as disclosed below, there is no material development regarding the MOU with RHB since 28 February 2022:-
a) Axiata had on 29 April 2022 announced that Bank Negara Malaysia had given conditional approval for the joint application for a digital bank license by Boost Holdings Sdn Bhd, a 75.36% subsidiary of Axiata, and RHB.
This announcement is dated 31 May 2022.
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 31 May 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31052022-00022 |