Data galore: According to Maxis, the upgrade is based on the increasing data usage trend.
PETALING JAYA: Leading telco Maxis Bhd has tapped into an exuberant local equity market to raise up to RM1.7bil in a placement exercise that has taken some investors by surprise.
Maxis shares have dipped by some 5% since June 9, wiping out some RM880mil in market capitalisation.
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