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 - INCORPORATION OF COMPANY |
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We wish to inform that Celcom Axiata Berhad (“Celcom”), a wholly-owned subsidiary company of Axiata Group Berhad (“Axiata”), had on 29 August 2012 completed the incorporation of CELCOM CHILDCARE SDN BHD (“CCSB”) (Company No. 1015329-A), a private company limited by shares, under the Companies Act, 1965.
CCSB was incorporated with an authorised share capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of CCSB is RM25,000.00 and its intended principal activity is that of provision of childcare services and other related activities. The incorporation of CCSB is not expected to have any material effect on the earning and Net Tangible Assets of Axiata for financial year ending 31 December 2012. None of the Directors and/or major shareholders of Axiata and/or persons connected to them have any direct or indirect interest in the incorporation of CCSB. This announcement is dated 29 August 2012. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 29 Aug 2012 |
| Category | General Announcement |
| Reference No | AG-120829-C03C2 |