Shareholders give nod for Axiata merger


KUALA LUMPUR: Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren).

The proposed merger was approved by its shareholders at the group’s EGM through polling, and the results have been submitted to Bursa Malaysia in compliance with regulatory requirements.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Axiata , merger , XL Axiata , Smartfren

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read