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 | WINNING BIDDER FOR THE SALE OF 3,500 TELECOMMUNICATION TOWERS BY PT XL AXIATA TBK (“XL”) |
We refer to our announcement on 2 October 2014 on the entry by XL, a 66.5%-owned subsidiary of Axiata Group Berhad (“Axiata”), into an Asset Purchase Agreement with PT Solusi Tunas Pratama Tbk (“STP”) for the disposal by XL of 3,500 of its telecommunication towers. Following the announcement by XL to the Indonesia Stock Exchange, Axiata wishes to announce that XL has today completed the disposal of its 3,500 telecommunication to STP. This announcement is dated 23 December 2014. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 23 Dec 2014 |
| Category | General Announcement |
| Reference No | AG-141223-47214 |