Axiata sells M1 stake


Jamaludin: We need to undertake a major re-prioritisation and make better use of our capital to chart a new chapter for the company in line with our new vision whilst also further enhancing our shareholders’ value.

Telco set to gain RM126mil on disposal of 28.7% stake

PETALING JAYA: Axiata Group Bhd has accepted the general offer for its 28.7% stake in Singapore’s M1 Ltd that will see it netting a gain of RM126.5mil on disposal of the shares.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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