PETALING JAYA: Packet One Networks (M) Sdn Bhd (P1) is inching closer to a merger and acquisition (M&A) deal with legal documents having been drafted by advisers, banking sources said.
However, it isn’t clear who the exact party the M&A is with, but indications are that it is either DiGi.Com Bhd or Telekom Malaysia Bhd
(TM), both of whom have been widely speculated in the past to be eyeing an M&A with P1.
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