Investors

We wish to inform that WSO2.Telco Inc., a subsidiary of Axiata Group Berhad (“Axiata”), held via its wholly owned subsidiary, Axiata Digital Services Sdn Bhd, had on 17 March 2016 completed the incorporation of WSO2.Telco (Private) Limited (Company No. PV112515) (“WSO2.Telco SL”), a private company limited by shares, in Sri Lanka, under the Companies Act No.7 of 2007. 

WSO2.Telco SL was incorporated with share capital of LKR 10.00 divided into 1 ordinary share at value of LKR 10.00 each. The nature of business to be carried by WSO2.Telco SL is to develop and provide support services for software technologies, products and solutions.

The incorporation of WSO2.Telco SL is not expected to have any material effect on the earnings and Net Tangible Assets of Axiata for financial year ending 31 December 2016. 

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 WSO2.Telco SL. 

This announcement is dated 23 March 2016.