Laos govt join hands with Malaysian company to build telecom tower company


VIENTIANE, Oct 9 (Loatian Times): The Lao Ministry of Finance (MoF) has signed a shareholder agreement with the engineering services firm from Malaysia to set up a company to build telecommunications towers across Laos.

According to the agreement, a joint venture company under the name OCK Laos TowerCo Ltd. will be set up by OCK Group and they will hold a majority stake of 70% and the MoF will be in control of the remaining 30%.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , Malaysian Group , Telecoms Tower

Next In Aseanplus News

Bharathiraja, six-time National Award winner who pioneered Tamil rural cinema in India, dies at 84
Alleged Bondi Beach gunman charged with 19 more offences over mass shooting
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Philippines foreign minister says she plans to meet Myanmar ethnic groups soon
Probe of Tei's intimidation claims against Azam Baki classified as NFA
Vietnam PM urges Asean to take greater role in shaping global norms
Indonesia's non-subsidised RON92 petrol price jumps 32%, first hike in months
Thailand ranks second globally for AI adoption growth, Microsoft says
Malaysia sees risk of missing deficit goals on subsidy pressures
Sydney's new international airport to welcome first passengers in October

Others Also Read