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 | ENTRY BY AXIATA DIGITAL ADVERTISING SDN BHD (“ADA”) INTO SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT WITH ADKNOWLEDGE INTERNATIONAL, INC AND ADKNOWLEDGE ASIA PACIFIC PTE LTD (“AAP”) |
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We refer to our announcement on 4 December 2014 in relation to the above.
We are pleased to announce that Axiata had today, through its wholly owned subsidiary, ADA, completed the subscription of its 80% stake in AAP.
This announcement is dated 19 January 2015. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 19 Jan 2015 |
| Category | General Announcement |
| Reference No | AG-150119-39819 |