Malaysian telecom operator in dilemma after general offer for Singapore’s M1
Axiata Group Bhd has, in over a decade, invested about RM1.29bil to own a 28.7% stake in Singapore wireless operator M1 Ltd. Should it then just accept the general offer (GO) made a day ago at S$2.06 a share, or just stay put as an investor in M1 until something better comes along?
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