Kenanga Research said in a report yesterday Axiata
KUALA LUMPUR: Axiata Group Bhd
‘s exit from M1 Ltd for RM1.65bil to Konnectivity Pte Ltd will allow the group to make a profit and redeploy the capital to fund its capex.
In a research note, Affin Hwang Capital research said it is positive on the deal, which largely falls within its expectations.
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