Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Type | Announcement |
Subject | OTHERS |
Description |
DIALOG AXIATA GROUP TO INVEST IN DIGITAL REALITY (PRIVATE) LIMITED FORMING DATA CENTRE JOINT VENTURE IN SRI LANKA |
Following the notification by Dialog Axiata PLC (“Dialog”) to the Colombo Stock Exchange today, we are pleased to announce that Dialog Broadband Networks (Private) Limited, a wholly owned subsidiary of Dialog which in turn is an 83.32% subsidiary of Axiata Group Berhad, had on 16 March 2018 entered into a Shareholder Agreement with St. Anthony’s Property Developers (Private) Limited to acquire through a primary issuance, a 35% equity stake in Digital Reality (Private) Limited for the purpose of establishing, operating and managing a data centre business in Sri Lanka.
Further details in the announcement attached.
This announcement is dated 20 March 2018.
Please refer attachment below. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 20 Mar 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-20032018-00031 |
Attachments