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Disposal to place firm on better operational footing
KUALA LUMPUR: Axiata Group Bhd's subsidiary Axiata Investments (Indonesia) Sdn Bhd has entered into a sales and purchase agreement to dispose of 533,409,349 shares or a 5% stake in PT XL Axiata TBK to Ferrymount Investments Ltd for IDR1.44 trillion (RM423.5mil).
KUALA LUMPUR: Citi Malaysia has won three banking awards, a recognition of the strength and leadership of the global bank’s institutional business in Malaysia.
KUALA LUMPUR: Demonstrating resilience against a series of lockdowns, Axiata Group Bhd posted a net profit of RM277.76mil in the second quarter ended June 30, 2021, which was more than two-fold its net profit of RM80.02mil in the previous corresponding period.
PETALING JAYA: edotco Group Sdn Bhd, the telecommunications infrastructure services of Axiata Group Bhd, has been accepted as a signatory member of United Nations Global Compact (UNGC).
INTERESTING changes have been taking place in HB Global Ltd over the past several months.