Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | OTHERS |
| Description | AXIATA GROUP BERHAD - PROPOSED DIVESTMENT OF INVESTMENTS IN MYANMAR |
|
We refer to our announcements on the Proposed Divestment - Myanmar dated 4 April 2024 and 4 April 2025. We wish to announce that edotco Investments (Labuan) Limited, a wholly owned subsidiary of EDOTCO, which in turn is a 63% subsidiary of Axiata, had today entered into an Amendment and Restatement Agreement to the Share Purchase Agreement dated 4 April 2024 ("Amended SPA") with Zillion Tower Holdings Limited and completed the sale of its entire 87.5% stake in EDOTCO Investments Singapore Pte. Ltd. ("EDOTCO Singapore") for a total cash consideration of USD90.0 million (equivalent to RM380.4 million). Please refer to the attachment for further details.
This announcement is dated 13 June 2025.
|
|
Please refer attachment below.
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 13 Jun 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13062025-00008 |
Attachments