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%.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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

Elon Musk ‘needed’ her to save his business, Singapore woman who lost S$600,000 to scammers told daughters
Tokyo police search military base over Chinese embassy intrusion case
North Korea's Kim oversees test of high-thrust engine: KCNA
Brunei aims to prevent children being born out of wedlock
Kedah Education Dept to decide on PdPR based on MetMalaysia readings
Progress made in state auditing, but recovery of losses remains a challenge in Laos
60ha of Rompin oil palm plantation fire brought under control, says Bomba
Hundreds join fun run in Cambodia
Strong quake hits Banda Sea, no tsunami threat to Malaysia
Myanmar plans upgraded barcode and QR code system for petrol stations on Yangon–Mandalay Highway and in cities nationwide

Others Also Read