SINGAPORE: Malaysian mobile phone operator Axiata Group Bhd
is expected to post foreign exchange gains in April and May, after its first quarter results were hit by forex losses, its chief executive said yesterday.
Datuk Seri Jamaludin Ibrahim also told Reuters in an interview that the planned capital raising for its Indonesian unit, PT Excelcomindo Pratama Tk, was on track to be completed this year and could involve a rights issue.
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