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Axiata Group Bhd (AXIA.KL)

AXIA.KL on Kuala Lumpur Stock Exchange

5.14MYR
17 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Axiata Group Posts QTRLY Net Profit 709.1 MLN RGT
Tuesday, 28 May 2019 07:20am EDT 

May 28 (Reuters) - Axiata Group Bhd ::QTRLY NET PROFIT 709.1 MILLION RGT.QTRLY REVENUE 5.95 BILLION RGT.YEAR AGO QTRLY NET LOSS 147.4 MILLION RGT, REVENUE 5.75 BILLION RGT.  Full Article

Telenor says Axiata deal could be followed by cellphone tower listing
Monday, 6 May 2019 02:12am EDT 

May 6 (Reuters) - Telenor ASA CFO told a conference call::A NEXT STEP FOLLOWING AN AXIATA DEAL COULD BE TO LIST CELLPHONE TOWER BUSINESS.  Full Article

Digi.Com Updates On Telenor's Discussions With Axiata
Monday, 6 May 2019 01:12am EDT 

May 6 (Reuters) - DIGI.COM::UPDATES ON TELENOR'S DISCUSSIONS WITH AXIATA REGARDING POTENTIAL NON-CASH COMBINATION OF THEIR TELECOM & INFRASTRUCTURE ASSETS IN ASIA.PROPOSED DEAL MAY HAVE MATERIAL IMPACT ON CO, DEPENDEING ON OUTCOME OF ON-GOING DISCUSSIONS BETWEEN TELENOR AND AXIATA, AMONG OTHERS.  Full Article

Axiata Group To Combine Asian Operations With Telenor
Monday, 6 May 2019 01:10am EDT 

May 6 (Reuters) - Axiata Group Bhd ::AXIATA AND TELENOR TO COMBINE ASIAN OPERATIONS.TELENOR AND AXIATA WILL WORK TOWARDS BINDING AGREEMENT IN RELATION TO PROPOSED TRANSACTION BY END OF Q3, 2019.TELENOR WILL BE MAJORITY SHAREHOLDER OF THE MERGEDCO ANTICIPATED TO OWN 56.5% AND AXIATA WILL OWN 43.5%.ROBI AXIATA , UNIT OF CO OPERATING IN BANGLADESH, SHALL CONTINUE TO BE MANAGED INDEPENDENTLY BY AXIATA POST COMPLETION OF TRANSACTION.PARTIES ALSO STATED STIPULATED INTENTION TO LIST MERGEDCO ON BURSA MALAYSIA & ANOTHER MAJOR INTERNATIONAL EXCHANGE WITHIN NEXT FEW YEARS.MERGED CO WILL HAVE PROFORMA REVENUE OF OVER 50 BILLION RGT AND EBITDA OF MORE THAN 20 BILLION RGT.PARTIES INDICATED THAT THERE IS NO CERTAINTY PROPOSED TRANSACTION WILL RESULT IN ANY BINDING AGREEMENT.PROPOSED TRANSACTION HAS POTENTIAL TO DELIVER UP TO AROUND 20 BILLION RGT INCREMENTAL VALUE IN SYNERGIES.PROPOSED TRANSACTION TO MERGE CELCOM AXIATA AND DIGI.COM.PROPOSED TRANSACTION TO MERGE EDOTCO GROUP SDN BHD AND TELENOR’S ASIAN TOWER ASSETS.  Full Article

Axiata Group's Digital Services Arm Announces Strategic Minority Investment By Mitsui & Co Ltd
Friday, 3 May 2019 12:55am EDT 

May 3 (Reuters) - Axiata Group Bhd ::AXIATA DIGITAL SERVICES SDN. BHD ANNOUNCES A STRATEGIC MINORITY INVESTMENT BY MITSUI & CO., LTD.INVESTMENT ESTABLISHES PRE-MONEY ENTERPRISE VALUE OF $500 MILLION FOR CORE DIGITAL BUSINESSES OF AXIATA DIGITAL.AXIATA DIGITAL TO TRANSFER REST OF ITS PORTFOLIO, DIGITAL VENTURE (DV) ASSETS, TO AN INTERNATIONAL INVESTMENT FUND.DIGITAL VENTURE ASSETS TRANSFERRED TO PEGASUS 7 VENTURES PTE LTD AT A VALUATION OF US$140 MILLION.  Full Article

Singtel Group, Axiata Digital To Collaborate In Mobile Financial, Digital Services
Wednesday, 27 Feb 2019 04:06am EST 

Feb 27 (Reuters) - Singapore Telecommunications Ltd ::SINGTEL GROUP AND AXIATA DIGITAL TO COLLABORATE IN MOBILE FINANCIAL AND DIGITAL SERVICES.BOTH SINGTEL AND AXIATA DIGITAL PLAN TO JOINTLY PROMOTE AND DRIVE CROSS-BORDER PAYMENTS.AGREEMENT TO PAVE WAY FOR BOOST MALAYSIA TO JOIN VIA.MOU WILL ALSO SEE SINGTEL GROUP’S OPEN PLATFORM PARTNER WITH APIGATE.  Full Article

Axiata Group Posts Qtrly Net Loss Of 1.66 Bln Rgt Versus Profit Of 24.7 Mln Rgt
Friday, 22 Feb 2019 04:29am EST 

Feb 22 (Reuters) - Axiata Group Bhd ::QTRLY NET LOSS 1.66 BILLION RGT VERSUS PROFIT OF 24.7 MILLION RGT.QTRLY REVENUE 6.27 BILLION RGT VERSUS 6.26 BILLION RGT.RESOLVED A TAX EXEMPT DIVIDEND OF 4.5 SEN PER ORDINARY SHARE FOR FY ENDED 31 DEC 2018.  Full Article

Axiata Group Sees FY2019 Revenue Growth In The Range Of 3 PCT - 4 PCT
Friday, 22 Feb 2019 04:17am EST 

Feb 22 (Reuters) - Axiata Group Bhd ::SEES FY2019 REVENUE GROWTH IN THE RANGE OF 3% - 4%.SEES EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION GROWTH OF 5 % - 8% IN FY 2019.  Full Article

Telekom Malaysia Awards Contract For 4G Multi Operator Core Network Services To Celcom Axiata
Thursday, 21 Feb 2019 06:34am EST 

Feb 21 (Reuters) - Telekom Malaysia Bhd ::CO AWARDED CONTRACT TO CELCOM AXIATA BERHAD FOR THE PROVISION OF 4G MULTI OPERATOR CORE NETWORK SERVICES TO UNIT WEBE DIGITAL.  Full Article

Axiata Group Accepts Konnectivity Offer For M1 Ltd Stake
Friday, 15 Feb 2019 05:24am EST 

Feb 15 (Reuters) - Axiata Group Bhd ::ACCEPTED VOLUNTARY CONDITIONAL GENERAL OFFER MADE BY KONNECTIVITY FOR STAKE IN M1 LTD.ACCEPTANCE OF OFFER CONSTITUTES DISPOSAL BY AISL OF ITS ENTIRE STAKE IN M1 EQUIVALENT TO 28.67% OF THE ISSUED SHARE CAPITAL OF M1.EXPECTS GAIN ON DISPOSAL OF 126.5 MILLION RGT.  Full Article

SE Asia Stocks-Fall as strong U.S. job data dampens deep rate cut hopes

* Singapore sees worst trading day in almost two months * Markets have priced in chances of 25 bps rate cut - CMC Markets By Soumyajit Saha July 8 Southeast Asian stock markets were down on Monday as a strong showing in U.S. jobs data dampened investor hopes of an aggressive Fed rate cut later this month. U.S. nonfarm payrolls increased by 224,000 jobs as in June, much more than the increase of 160,000 forecast by a Reuters poll of economists. "A fabulous job