Key Developments: XL Axiata Tbk PT (EXCL.JK)
Rp. 110.00 (+2.69%)
Latest Key Developments (Source: Significant Developments)
PT XL Axiata Tbk:Says Indeks SRI-KEHATI has excluded the company from its index list effective May. Full Article
PT XL Axiata Tbk:Appoints Dian Siswarini as the new President Director and Chief Executive Officer, replacing Hasnul Suhaimi-Reuters. Full Article
PT XL Axiata Tbk:Says Indeks Saham Syariah Indonesia (ISSI) has excluded the company from index list effective Dec. 1. Full Article
PT XL Axiata Tbk:Says Jakarta Islamic Index has excluded the company from its index list effective Dec. 1. Full Article
PT XL Axiata Tbk:Says its FY 2013 cash dividend amount is 65 rupiah per share payable on June 4 with record date of May 19. Full Article
PT XL Axiata Tbk:Says its FY 2013 cash dividend will be paid on June 4 with record date of May 19.Dividend amount will be announced later. Full Article
PT XL Axiata Tbk:The company and PT Axis Telekom Indonesia has officially merged in a $865 mln deal-The Jakarta Post.Acquisition amount of $500 mln was funded by parent company Malaysia's Axiata Group Berhad, while remaining $365 mln will come from bank loans and tower sales. Full Article
Saudi Telecom Co SJSC (STC):Announces that it has completed the sale transaction of its subsidiary in Indonesia PT AXIS Telekom (AXIS) (STC owns an 80.10 percent stake directly and a 3.725 percent stake indirectly) to XL Axiata Tbk PT.Says that the transaction has been completed after receiving all necessary regulatory approvals from the Indonesian authorities.Says AXIS was sold for an enterprise value of $865 million equivalent to around 3,243 million Saudi rials for 100 percent of the company on a cash free and debt free basis.Says that the proceeds from this transaction will be used to settle AXIS's debts with its lenders and vendors, thereby STC has fully exited from the Indonesian market. Full Article
PT XL Axiata Tbk secures $100 mln loan from United Overseas Bank Limited and The Bank of Tokyo-Mitsubishi UFJ, Ltd.
PT XL Axiata Tbk:Secures $100 mln loan from United Overseas Bank Limited and The Bank of Tokyo-Mitsubishi UFJ, Ltd. Jakarta Branch to finance acquisition of PT AXIS Telekom Indonesia. Full Article
PT XL Axiata Tbk:Secures $500 mln loan facility from Axiata Group Berhad to cover acquisition of PT Axis Telekom Indonesia (Axis)-The Jakarta Post.Axis is valued at $865 mln on cash-free and debt-free basis as outlined in the conditional sales purchase agreement.After the acquisition, company will own 95 pct of Axis, while PT Pesona Nuansa Abadi will control the remaining 5 pct. Full Article
KUALA LUMPUR, April 15 - Malaysia's Axiata Group has appointed a new chief executive for its Indonesian telecommunications firm, PT XL Axiata Tbk, the company said in a statement on Wednesday.