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 Axiata Group Berhad (“Axiata”), had on 29 January 2014 completed the incorporation of AXIATA DIGITAL SERVICES SDN BHD (“ADS") (Company No. 1079391-H), a private company limited by shares, under the Companies Act, 1965.
ADS was incorporated with an authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of which its issued and paid-up share capital is RM2.00. The nature of business to be carried by ADS is as an investment holding company. The incorporation of ADS is not expected to have any material effect on the earnings and Net Tangible Assets of Axiata for financial year ending 31 December 2014. 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 ADS. This announcement is dated 30 January 2014. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 30 Jan 2014 |
| Category | General Announcement |
| Reference No | AG-140129-865F8 |