13-09-2016, 08:21 PM
(13-09-2016, 08:01 PM)CityFarmer Wrote: I am speculating, saving bullets for more of M1? [emoji14]https://sg.finance.yahoo.com/news/false-...00580.html
(vested in M1)
Axiata said to seek buyers for US$700m of overseas holdings
13 Sep 2016 16:20
[KUALA LUMPUR ] Axiata Group Bhd, Malaysia's biggest mobile-phone operator, is seeking to trim stakes in some of its overseas operations in deals that could raise as much as US$700 million, people familiar with the matter said.
The Kuala Lumpur-based company is seeking a buyer for about 11 per cent of Indonesian unit PT XL Axiata, which has a market value of US$2.2 billion, according to the people.
It is also selling as much as 30 per cent each of listed Sri Lanka unit Dialog Axiata Plc and closely held Cambodian subsidiary Smart Axiata Co, the people said, asking not to be identified because the information is private.
...
BLOOMBERG
Source: Business Times Breaking News
They are definitely not raising stakes...
(vested)
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