Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Type | Announcement |
Subject | OTHERS |
Description |
PROPOSED ACQUISITION OF TANZANITE TOWER PRIVATE LIMITED |
We are pleased to announce that Edotco Pakistan (Private) Limited has on 20 June 2017 entered into an Agreement for the Subscription, Sale and Purchase of Shares with Tower Share (Private) Limited (“TS PK”) and Tanzanite Tower Private Limited (“TTPL”) for the subscription of 899,900 ordinary shares of Rs.10 each in TTPL and acquisition from TS PK of the entire issued share capital of TTPL for a total cash consideration of USD90.0 million (equivalent to approximately RM385.4 million) (“Proposed Acquisition of TTPL”).
Please refer to the attachment for the full announcement in relation to the Proposed Acquisition of TTPL. Also attached is the media release in relation to the Proposed Acquisition of TTPL.
This announcement is dated 20 June 2017. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 20 Jun 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-20062017-00054 |
Attachments