KUALA LUMPUR: Axiata Group Bhd is looking into the possibility of listing its telecommunications towers which could enable it to raise about US$500mil, according to Bloomberg.
The wire report said on Monday the telco was working with CIMB Group Holdings Bhd., Goldman Sachs Group Inc. and JPMorgan Chase & Co. on the IPO, which may take place next year in Kuala Lumpur.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!