Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
AXIATA GROUP BERHAD ("AXIATA" OR "COMPANY") PROPOSED MERGER OF THE TELCO OPERATIONS OF CELCOM AXIATA BERHAD ("CELCOM") AND DIGI.COM BERHAD ("DIGI") ("PROPOSED MERGER") |
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(Unless otherwise stated, all abbreviations used in this Announcement shall have the same meanings as defined in the Company’s announcement in relation to the Proposed Merger dated 21 June 2021)
We refer to the announcements dated 8 April 2021, 21 June 2021, 24 November 2021, 28 January 2022 and 1 April 2022 in relation to the Proposed Merger.
On behalf of the Board of Directors of Axiata, Maybank Investment Bank Berhad wishes to notify that Digi and Axiata have agreed to extend the date by which the conditions precedent as set out in the SPA are to be satisfied or waived in accordance with the terms and conditions of the SPA (“Long Stop Date”) from 21 June 2022 to 31 December 2022 or such other date as mutually agreed in writing between the parties.
Save and except for the extension of the Long Stop Date, all other terms and conditions of the SPA remain unchanged.
This Announcement is dated 17 June 2022. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 17 Jun 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17062022-00018 |