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 THE "COMPANY") (I) PROPOSED ACQUISITION; AND (II) PROPOSED MTO (COLLECTIVELY REFERRED TO AS "PROPOSALS") |
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(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s circular to shareholders in relation to the Proposals dated 11 May 2022) Reference is made to the announcements dated 27 January 2022, 18 April 2022, 11 May 2022, 26 May 2022 and 14 June 2022 in relation to the Proposals. On behalf of the Board, Maybank IB wishes to announce that the Proposed Acquisition has been completed following the settlement of the total cash consideration of IDR 8,720,330,323,200 (equivalent to approximately RM2,632,270,450*) on 22 June 2022. This announcement is dated 22 June 2022. Note: * The exchange rate of RM1.00 : IDR3,312.86, being the average buy and sell on 10 June 2022 as published by Bank Indonesia, has been applied. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 22 Jun 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22062022-00056 |