Investors

We wish to inform that Axiata Group Berhad's wholly owned subsidiary, Axiata Digital Services Sdn Bhd and its wholly owned subsidiary, Apigate Sdn Bhd, had on 5 February 2019 completed the incorporation of Apigate India Services Private Limited (“Apigate India”) (Corporate Identity No. U72900MH2019FTC320723), a private company limited by shares, under the Companies Act 2013. 

Apigate India was incorporated with an issued and paid-up share capital of INR100,000. The intended principal activities of Apigate India are to carry out the Application Programming Interface (API) business in the State of Maharashtra, India.

The incorporation of Apigate India is not expected to have any material effect on the earning and Net Assets of Axiata for financial year ending 31 December 2019.

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 Apigate India.

This announcement is dated 7 February 2019.