Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Type | Announcement |
Subject | OTHERS |
Description |
INCORPORATION OF COMPANY |
We wish to inform that Axiata Digital Services Sdn Bhd, a wholly-owned subsidiary of Axiata Group Berhad (“Axiata”), had on 3 May 2016 completed the incorporation of VM Digital (Thailand) Co., Ltd. (“VM Digital”) (Registration No. 0105559069905), a private company limited by shares, in Thailand, under the Thailand Civil and Commercial Code. VM Digital was incorporated with a registered share capital of THB1,000,000.00. The nature of business to be carried by VM Digital is to operate telecommunications and all types of communications businesses. The incorporation of VM Digital 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 VM Digital. This announcement is dated 4 May 2016. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 04 May 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-04052016-00063 |