Windfall for Maxis shareholders


  • Nation
  • Friday, 04 May 2007

KUALA LUMPUR: Minority shareholders of Maxis Communications Bhd stand to make a handsome profit from the company's privatisation exercise after T. Ananda Krishnan offered to buy their shares back at RM15.60 each. 

This means that an investor who had bought 1,000 Maxis shares at RM13 each just before trading was suspended on Monday will make RM2,600, or a 20% gain on his investment. 

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