PETALING JAYA: Telecommunications player OCK Group Bhd is acquiring Vietnam’s largest independent telecommunications tower company, South-East Asia Telecommunications Holdings Pte Ltd (SEATH), for US$50mil (RM203.85mil) via its 60%-owned subsidiary in an all-cash deal.
The subsidiary, OCK Vietnam Towers Pte Ltd, is also 40% owned by CapAsia, a private equity fund.
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