Investors

Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.

Others

Back 29 Jul 2016

Type


Announcement
Subject OTHERS
Description

INCORPORATION OF COMPANY - AXIATA BUSINESS SERVICES SDN BHD

We wish to inform that Axiata Group Berhad (“Axiata”), had on 29 July 2016 completed the incorporation of AXIATA BUSINESS SERVICES SDN BHD (“ABS”) (Company No. 1196307-H), a private company limited by shares, under the Companies Act, 1965.

ABS was incorporated with an authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of ABS is RM2.00 and its intended principal activity is to provide international carrier services, global communications products, managed information, communications and technology and internet of things.

The incorporation of ABS is not expected to have any material effect on the earning 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 ABS.

 

This announcement is dated 29 July 2016.





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 29 Jul 2016
Category General Announcement for PLC
Reference Number GA1-29072016-00123