PETALING JAYA: Axiata Group Bhd
has sold its entire 24% stake in Samart I-Mobile Public Co Ltd, a 52%-owned subsidiary of Thailand-listed telco Samart Corp Public Co Ltd, for US$88.6mil (RM283.92mil).
President and group chief executive officer Datuk Seri Jamaludin Ibrahim said Axiata had since its inception wished to exit from non-core businesses and concentrate on its primary business of mobile communications.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
