Kenanga Research said in a report yesterday Axiata
Axiata Group Bhd
and its 80% unit, Ncell Pte Ltd, seem to have been pushed to a corner to make payment for the longstanding capital gains tax (CGT) issue in Nepal that it faced back in 2016.
The Nepal tax office has given Axiata and Ncell seven days to make payment for the 39.06 billion Nepalese rupees (RM1.45bil) CGT bill. The deadline ends on Monday.
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