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 TANJUNG DIGITAL SDN BHD |
We are pleased to announce that edotco Malaysia Sdn Bhd, a wholly owned subsidiary of edotco Group Sdn Bhd, which in turn is a 63.0% subsidiary of Axiata, had on 4 May 2018 entered into a Sale and Purchase of Shares Agreement with Utara Jernih Sdn Bhd and Mohd Azam bin Saad for the acquisition of 80,002 ordinary shares representing 80.0% of the issued share capital of Tanjung Digital Sdn Bhd for a total cash consideration of RM140.0 million.
Furhter details in the announcement attached.
This announcement is dated 4 May 2018.
Please refer attachment below.
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 04 May 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03052018-00085 |
Attachments