Stock Exchange Filings
Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
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 REDISTRIBUTION OF GRANT NO. V AND VI BY PT XL AXIATA TBK (XL), A SUBSIDIARY OF AXIATA GROUP BERHAD (AXIATA) ("PROPOSED REDISTRIBUTION) |
We wish to announce that pursuant to the Proposed Redistribution, XL had on 28 March 2019 announced the grant of 39,374 new ordinary shares of Indonesian Rupiah 100 each in XL to Dian Siswarini (“DS”), the President Director/Chief Executive Officer of XL, in accordance with the terms and conditions of the XL LTIS (“Grant to DS”).
In accordance with subparagraph 6.06 (4) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board, having considered all aspects of the Grant to DS, is of the opinion that the Grant to DS is fair and reasonable to Axiata and is in the best interest of Axiata and hence, has approved the Grant to DS.
None of Axiata’s Directors and/or major shareholders and/or persons connected to them has any interest, direct or indirect, in the Grant to DS.
This announcement is dated 28 March 2019.
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 28 Mar 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28032019-00062 |
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