The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Axiata surges as wireless carrier said to mull US$500m tower IPO

Published Fri, Jan 5, 2018 · 09:50 PM
Share this article.

Kuala Lumpur

AXIATA Group Bhd rose the most in more than two years after people with knowledge said Malaysia's biggest wireless carrier is considering an initial public offering of its tower unit that could raise at least US$500 million.

Shares of Axiata climbed as much as 6.6 per cent on Friday, the most since August 2015.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here