KUALA LUMPUR: The owners of Edotco Group Sdn Bhd are seeking a financial adviser to help with a sale that could value the Malaysian telecommunication tower company at about US$3bil (RM13.41bil) including debt, people familiar with the matter say.
Axiata Group Bhd
and Malaysian sovereign wealth fund Khazanah Nasional Bhd have asked investment banks to submit proposals to work on a potential sale of Edotco, according to the people, who asked not to be identified because the information is private.
