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About Us
# Awards & Milestones
The accolades we’ve obtained and achievements we’ve garnered are in recognition of our work in the telecoms and tech sphere.



Our Awards
Our Milestones


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##### National Annual Corporate Report Awards (NACRA) 2024
###### National Annual Corporate Report Awards (NACRA) 2024
Excellence Award (Silver) - Companies with more than RM10 Billion Market Capitalisation
Special Award (Silver) - Best Sustainability Reporting
Excellence Award (Silver) - Companies with more than RM10 Billion Market Capitalisation
Special Award (Silver) - Best Sustainability Reporting



##### National Corporate Governance & Sustainability Award 2024
###### National Corporate Governance & Sustainability Award 2024
Overall Excellence Award (Third)
Industry Excellence Award - Telecommunications & Media
Overall Excellence Award (Third)
Industry Excellence Award - Telecommunications & Media



##### Forward Faster Sustainability Awards 2024 by United Nations Global Compact Malaysia & Brunei
###### Forward Faster Sustainability Awards 2024 by United Nations Global Compact Malaysia & Brunei
SBTi Validators Recognition
Sustainability Awareness and Employee Engagement Recognition
SBTi Validators Recognition
Sustainability Awareness and Employee Engagement Recognition





##### National Annual Corporate Report Awards (NACRA) 2024
###### National Annual Corporate Report Awards (NACRA) 2024
Excellence Award (Silver) - Companies with more than RM10 Billion Market Capitalisation
Special Award (Silver) - Best Sustainability Reporting
Excellence Award (Silver) - Companies with more than RM10 Billion Market Capitalisation
Special Award (Silver) - Best Sustainability Reporting





###### National Corporate Governance & Sustainability Award 2024
Overall Excellence Award (Third)
Industry Excellence Award - Telecommunications & Media
Overall Excellence Award (Third)
Industry Excellence Award - Telecommunications & Media



###### Forward Faster Sustainability Awards 2024 by United Nations Global Compact Malaysia & Brunei
SBTi Validators Recognition
Sustainability Awareness and Employee Engagement Recognition
SBTi Validators Recognition
Sustainability Awareness and Employee Engagement Recognition
Malaysia Cybersecurity Award 2024
Innovation (Product) of the Year – HELIOS
Malaysia Technology Excellence Award 2024
Cybersecurity in Telecommunications (AGB)
AIBP Enterprise Innovation Award 2024
Innovation (Product) of the Year – HELIOS
Technology for good of the Year 2024
Building a sustainable future from Marketeers SME Awards 2024
Intelligent Campus Project 2024
Excellent Performance Award
Fortinet Partner Connect 2024
Select Partner Excellence Award 2023
HPE Aruba Partner Awards 2024
FY24 Best Marketing Initiative Partner
National Annual Corporate Report Awards (NACRA) 2023
Excellence Award (Gold) - Companies with More Than RM10 Billion Market Capitalisation
Best Sustainability Reporting Award 2023 (Silver)
Recognition of Axiata’s Integrated and Sustainability Reporting by The New York ARC Award 2023
Combined Annual and Sustainability Report (Silver)
The Edge Malaysia ESG Awards 2023
Equity Awards for Telecommunications & Media (SIlver)
Forward Faster Sustainability Awards by UN Global Compact Network Malaysia & Brunei
Partnership for the Goals Recognition - Axiata Foundation’s Axiata Young Talent Programme Winner of the Climate Action for the Large Company Category
2023 TOP SELECT PARTNER awarded by Fortine
TOP SELECT PARTNER category for Hypernet (1st Place)
Outstanding New Comer Partner of 2023 by Huawei
Best 3 New Comer Company in New Comer Partner Category for Hypernet
Sudianto Oei Sebagai Best CEO in Emerging Growth Company dari SWA The Best CEO 2023
CEO Emerging Growth Company Category for Hypernet (1st Place)
SD-WAN/EdgeConnect Partner of the Year di Aruba Networking Partner Awards 2023
Aruba SD WAN/Edge Connect Solution Category for Hypernet (1st Place)
Excellent Performance Award in Intelligent Campus Project by Holowits
Campus Project Category for Hypernet (1st Place)
Cybersecurity Malaysia at Malaysia Cybersecurity Awards 2023
Cybersecurity Project of the Year” for the Axiata Cyber Fusion Center (ACFC)
National Annual Corporate Report Awards (NACRA) 2022
Excellence Award (Gold) - Companies with More Than RM10 Billion in Market Capitalisation
MSWG-ASEAN Corporate Governance Award 2021
Industry Excellence Award for CG Disclosure, Telecommunications & Media
Sustainability Performance Awards 2022 by UN Global Compact Network Malaysia & Brunei
Climate Action Fellow Award - Axiata Group's Head of Sustainability
Frost & Sullivan 2022 Asia-Pacific Telecommunications Group
Company of the Year Award
#BestOfTweets 2021 Malaysia Awards
Best Campaign for Driving Positive Change in Society
Experts’ Choice Awards Merdeka TVC Edition 2022 - The Turning Point
Axiata Hari Kebangsaan & Hari Malaysia 2022
ARC Awards International
Honors - Interactive Annual Report: Combined Annual and Sustainability Report
Australasian Reporting Awards 2022
Gold Award for Integrated Annual Report
National Annual Corporate Report Awards (NACRA) 2021
Excellence Award (Silver) - Companies with More Than RM10 Billion in Market Capitalisation
MSWG-ASEAN Corporate Governance Awards 2020
Excellence Award for Corporate Governance Disclosure
Industry Excellence Award, Telecommunication & Media
PwC Malaysia Building Trust Awards 2021
Third Place (FBM KLCI)
Sustainable Business Awards Malaysia 2020/2021
Winner in the Energy Management category
Malaysian Investor Relations Association (MIRA)
Best IR Professional (Large Cap)
Australasian Reporting Awards 2021
Integrated Annual Report 2019 (Gold)
LinkedIn Top Companies 2021
One of the Top 15 Companies in Malaysia as the Best Place to Grow your Career
Twitter Best of Tweets 2021 Awards
Best Campaign for Driving Positive Change in Society
Twimbit Research
Top 10 Telcos in the World to Ace Employee Experience
National Annual Corporate Report Awards (NACRA)
Excellence Award (Silver) - Companies with more than RM10 billion in market capitalisation
Best Sustainability Reporting (Silver)
Malaysian Investor Relations Association (MIRA)
Best Company for IR (Large Cap)
Best IR Professional (Large Cap)
Business Knowledge & Insights of IR Team, Quality of Annual Report/Formal Disclosure, Quality of One-on-One meetings
2020 Frost and Sullivan Asia Pacific Best Practices Awards
Asia-Pacific Telecom Group of the Year
MSWG-ASEAN Corporate Governance Awards 2019
Excellence Award for Corporate Governance Disclosure (5th position)
Industry Excellence Award, Telecommunications & Media
Finance Asia’s Achievement Awards 2020
Islamic Finance Deal of the Year
The Asset’s Triple A Sustainable Capital Markets Country Awards 2020
Best Investment Grade Bond from Malaysia
ASEAN Corporate Governance Scorecard Award
ASEAN Top 20 PLCs (Malaysia)
ASEAN Asset Class PLCs (Malaysia)
The Malaysia Board Diversity Study & Index
Top 10 Exemplary Company Board
National Annual Corporate Report Awards (NACRA) 2019
Sustainability Reporting Awards – Platinum
Integrated Reporting Awards - Silver
Minority Shareholders Watch Group (MSWG) – ASEAN Corporate Governance Awards 2018
Excellence Award for Corporate Governance Disclosure
Industry Excellence Award – Telecommunication & Media
NACRA 2018
Certificate of Merit – Axiata Integrated Annual Report 2017
MSWG-ASEAN Corporate Governance Recognition Awards 2018
Top 3 PLCs (Malaysia)
Top 50 ASEAN PLCs (Top 11 – 30)
Australasian Reporting Awards 2018
Silver Award – Axiata Integrated Annual Report 2017
Sustainable Business Awards Malaysia 2018
Best Stakeholder Engagement and Materiality
MSWG-ASEAN Corporate Governance Recognition Awards 2017
Chairman Of The Year Award – Tan Sri Datuk Wira Azman Hj. Mokhtar
Excellence Award For CG Disclosure Merit Award For Board Diversity
ACCA Malaysia Sustainability Reporting Awards (MASRA) 2017
2nd Runner Up
Australasian Reporting Awards 2017
Silver Standard – 2015 Annual Report
PwC Malaysia Building Trust Awards 2017
Runner Up
Global Responsible Business Leadership Awards 2017
Masterclass Best Sustainability Report
CSR Malaysia Awards 2017
CSR Company of the Year
FinanceAsia Best Managed Company Poll 2016
No 2 Best Managed Company in Malaysia
No 3 Most Committed to Corporate Governance in Malaysia
No 3 Best at Investor Relations in Malaysia
No 4 Best at Corporate Social Responsibility in Malaysia
No 1 Best CFO in Malaysia
2016 GSMA Mobile World Congress
Dialog for Best Mobile Network Solution for Serving Customers
Bank Negara Malaysia
Emas Status for Issuance of Sukuk
2015 GSMA Mobile World Congress Chairman’s Award
Dato’ Sri Jamaludin Ibrahim, President and Group CEO
ACCA Malaysia Sustainability Reporting Awards (MaSRA) 2015
Best Sustainability Report
MSWG-ASEAN Corporate Governance Index 2015 Awards
Environmental, Social and Governance (ESG) Practices
Top 10 Corporate Governance Disclosure Merit Recognition Award
Exemplary AGM Conduct & Minutes
Frost & Sullivan Pacific ICT Award
Smart for Asia Pacific Emerging Market Telecom Service Provider 2015
National Annual Corporate Reports Awards (NACRA) 2014
Best Designed Annual Report, Silver Award
Malaysian-ASEAN Corporate Governance Index 2014 Awards
Top 5 Corporate Governance - Overall Recognition
Exemplary Environmental, Social and Governance (ESG) Practices
CEO of the Year, Dato' Sri Jamaludin Ibrahim
Frost & Sullivan Asia Pacific ICT Awards
Best Telecom Group 2014
ACCA Malaysia Sustainability Reporting Awards (MaSRA) 2014
Best Sustainability Report, Runner-up
The Edge Billion Ringgit Club 2014
Malaysia's Outstanding CEO 2014, Dato Sri Jamaludin Ibrahim
Best CR Initiative, 3rd Place
Kancil Awards 2014
Film Craft Cinematography, Bronze Kancil
Malaysian Business Awards ASEAN Conglomerate & CEO of the Year Award
Dato' Sri Jamaludin Ibrahim
TMT Finance Asia TMT Leadership Award for Asia 2014
Dato’ Sri Jamaludin Ibrahim
Frost & Sullivan Asia Pacific ICT Awards
Best Telecom Group 2013
Malaysia-ASEAN Corporate Governance Index 2013 Awards
Top 3 Corporate Governance Transparency Award
Top 5 Overall Corporate Governance Award
Best Conduct of Annual General Meeting Award
Industry Excellence Award – Telecommunications
Malaysian Institute of Accountants (MIA)
NACRA Merit Award
The Asset Triple A Best Corporate Sukuk
Best Islamic Deal, Malaysia
Islamic Finance News
Cross Border Deal of the Year 2012
KLIFFE
Most Outstanding Islamic Product
International Legal Alliance Summit
Silver Award Best Asian and South Pacific Legal
Frost & Sullivan Asia Pacific ICT Awards
Best Telecom Group 2012
Boston Consulting Group
2012 BCG Southeast Asia Challengers
Asian Strategy & Leadership Institute (ASLI)
Asian Corporate Giants 2012 Listing – Top 10
Bank Negara Malaysia
Emas Status for Issuance of Sukuk
Finance Asia
Best Islamic Finance Deal 2012
Euromoney Islamic Finance
Most Innovative Deal 2012
Alpha Southeast Asia
The Best Deal of the Year 2012 in Southeast Asia
IFM (Industry Fund Management)
Cross Border Deal of the Year 2012
Malaysian Corporate Governance Index Awards 2011
Best Conduct of AGM
Distinction Award
Forbes Asia's Fab 50 Frost & Sullivan Asia Pacific ICT Award 2011
Best Telecommunications Group of the Year
Asia Pacific Brands Foundation (APBF)
BrandLaureate CEO of the Year 2010-2011
Telecom Asia Awards 2011
Best Regional Mobile Group
Telecom Asia Awards 2010
Telecom CEO of the Year
Best Regional Mobile Group
Frost & Sullivan Asia Pacific ICT Awards 2010
Best Telecom Group of the Year
CEO of the Year: Service Provider
National Annual Corporate Report Awards (NACRA) 2009
Gold Award in the Best Designed Annual Report category
Malaysian Corporate Governance Index 2009
Merit Award
Alpha South East Asia Annual Deal Awards 2009
Best Secondary Deal of the Year 2009 in Southeast Asia
Frost & Sullivan Asia Pacific ICT Award
Best Telecom Group of the Year 2009
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A conditional merger agreement was signed between PT Smartfren Telecom Tbk (Smartfren), PT Smart Telecom (a subsidiary of Smartfren), XL, PT Wahana Inti Nusantara, PT Global Nusa Data, PT Bali Media Telekomunikasi, PT Gerbangmas Tunggal Sejahtera (collectively referred to as “Sinar Mas Shareholders”), Axiata Investment (Indonesia) Sdn Bhd (AII), and PT Sinar Mas Tunggal. The agreement outlines the terms for a proposed business combination, where AII and the Sinar Mas Shareholders agree to merge the businesses of Smartfren and XL through a statutory merger in accordance with Indonesian laws. XL will be the surviving company (MergeCo) and will continue to be listed on the Indonesia Stock Exchange after the merger.
10 Dec 24
Mergers/ Acquisitions
A conditional merger agreement was signed between PT Smartfren Telecom Tbk (Smartfren), PT Smart Telecom (a subsidiary of Smartfren), XL, PT Wahana Inti Nusantara, PT Global Nusa Data, PT Bali Media Telekomunikasi, PT Gerbangmas Tunggal Sejahtera (collectively referred to as “Sinar Mas Shareholders”), Axiata Investment (Indonesia) Sdn Bhd (AII), and PT Sinar Mas Tunggal. The agreement outlines the terms for a proposed business combination, where AII and the Sinar Mas Shareholders agree to merge the businesses of Smartfren and XL through a statutory merger in accordance with Indonesian laws. XL will be the surviving company (MergeCo) and will continue to be listed on the Indonesia Stock Exchange after the merger.



The Islamabad High Court approved the amalgamation of EDOTCO Towers Pakistan (Private) Limited (EDOTCO Towers Pakistan) with and into EDOTCO Pakistan (Private) Limited (EDOTCO Pakistan). The amalgamation was deemed effective on 30 April 2023, being the date stated in the Scheme of Arrangement and Amalgamation.
All filings to register EDOTCO Towers Pakistan as the surviving entity was completed on 1 October 2024 following which EDOTCO Pakistan ceased to exist.
1 Oct 24
Expansion/ Restructuring
The Islamabad High Court approved the amalgamation of EDOTCO Towers Pakistan (Private) Limited (EDOTCO Towers Pakistan) with and into EDOTCO Pakistan (Private) Limited (EDOTCO Pakistan). The amalgamation was deemed effective on 30 April 2023, being the date stated in the Scheme of Arrangement and Amalgamation.
All filings to register EDOTCO Towers Pakistan as the surviving entity was completed on 1 October 2024 following which EDOTCO Pakistan ceased to exist.



Axiata SPV5 (Labuan) Limited (SPV5) completed a partial early redemption of its Euro Medium Term Note (EMTN) with an aggregated principal of USD272.1 million (RM1,155.1 million) for a cash payment of USD200.0 million (RM849.0 million). Accordingly, the Group recognised a gain on early redemption of debt amounting to USD72.1 million (RM306.1 million).
27 Sep 24
Financing/ Investments
Axiata SPV5 (Labuan) Limited (SPV5) completed a partial early redemption of its Euro Medium Term Note (EMTN) with an aggregated principal of USD272.1 million (RM1,155.1 million) for a cash payment of USD200.0 million (RM849.0 million). Accordingly, the Group recognised a gain on early redemption of debt amounting to USD72.1 million (RM306.1 million).





A conditional merger agreement was signed between PT Smartfren Telecom Tbk (Smartfren), PT Smart Telecom (a subsidiary of Smartfren), XL, PT Wahana Inti Nusantara, PT Global Nusa Data, PT Bali Media Telekomunikasi, PT Gerbangmas Tunggal Sejahtera (collectively referred to as “Sinar Mas Shareholders”), Axiata Investment (Indonesia) Sdn Bhd (AII), and PT Sinar Mas Tunggal. The agreement outlines the terms for a proposed business combination, where AII and the Sinar Mas Shareholders agree to merge the businesses of Smartfren and XL through a statutory merger in accordance with Indonesian laws. XL will be the surviving company (MergeCo) and will continue to be listed on the Indonesia Stock Exchange after the merger.
10 Dec 24
Mergers/ Acquisitions
A conditional merger agreement was signed between PT Smartfren Telecom Tbk (Smartfren), PT Smart Telecom (a subsidiary of Smartfren), XL, PT Wahana Inti Nusantara, PT Global Nusa Data, PT Bali Media Telekomunikasi, PT Gerbangmas Tunggal Sejahtera (collectively referred to as “Sinar Mas Shareholders”), Axiata Investment (Indonesia) Sdn Bhd (AII), and PT Sinar Mas Tunggal. The agreement outlines the terms for a proposed business combination, where AII and the Sinar Mas Shareholders agree to merge the businesses of Smartfren and XL through a statutory merger in accordance with Indonesian laws. XL will be the surviving company (MergeCo) and will continue to be listed on the Indonesia Stock Exchange after the merger.





The Islamabad High Court approved the amalgamation of EDOTCO Towers Pakistan (Private) Limited (EDOTCO Towers Pakistan) with and into EDOTCO Pakistan (Private) Limited (EDOTCO Pakistan). The amalgamation was deemed effective on 30 April 2023, being the date stated in the Scheme of Arrangement and Amalgamation.
All filings to register EDOTCO Towers Pakistan as the surviving entity was completed on 1 October 2024 following which EDOTCO Pakistan ceased to exist.
1 Oct 24
Expansion/ Restructuring
The Islamabad High Court approved the amalgamation of EDOTCO Towers Pakistan (Private) Limited (EDOTCO Towers Pakistan) with and into EDOTCO Pakistan (Private) Limited (EDOTCO Pakistan). The amalgamation was deemed effective on 30 April 2023, being the date stated in the Scheme of Arrangement and Amalgamation.
All filings to register EDOTCO Towers Pakistan as the surviving entity was completed on 1 October 2024 following which EDOTCO Pakistan ceased to exist.



Axiata SPV5 (Labuan) Limited (SPV5) completed a partial early redemption of its Euro Medium Term Note (EMTN) with an aggregated principal of USD272.1 million (RM1,155.1 million) for a cash payment of USD200.0 million (RM849.0 million). Accordingly, the Group recognised a gain on early redemption of debt amounting to USD72.1 million (RM306.1 million).
27 Sep 24
Financing/ Investments
Axiata SPV5 (Labuan) Limited (SPV5) completed a partial early redemption of its Euro Medium Term Note (EMTN) with an aggregated principal of USD272.1 million (RM1,155.1 million) for a cash payment of USD200.0 million (RM849.0 million). Accordingly, the Group recognised a gain on early redemption of debt amounting to USD72.1 million (RM306.1 million).
27 Sep 24
Expansion/ Restructuring
XL and PT Link Net Tbk (Link Net) completed a Business Transfer Agreement, under which XL acquired Link Net’s business-to-consumer segment for a consideration of IDR1,875.0 billion (RM511.9 million).
30 Aug 24
Mergers/ Acquisitions
Subsequent to the acquisition of Airtel Lanka on 26 June 2024, Dialog amalgamated with Airtel Lanka, with Dialog remaining as the amalgamated entity.
28 Jun 24
Expansion/ Restructuring
Axiata completed the disposal of 16.71% ordinary shares in Axiata Digital Services Sdn Bhd to Mitsui Co., Ltd. for a total consideration of USD58.3 million (RM275.5 million). Pursuant to the disposal, the Company received a cash consideration of USD55.0 million (RM259.7 million).
26 Jun 24
Mergers/ Acquisitions
Dialog Axiata PLC, a subsidiary of Axiata, completed the acquisition of 100% issued shares in Bharti Airtel Lanka (Private) Limited (Airtel Lanka) via issuance of 952,694,689 ordinary shares of Dialog representing 10.355% of the enlarged total issued shares of Dialog to Bharti Airtel Limited (Bharti Airtel) by way of a share swap. Accordingly, Airtel Lanka became a wholly owned subsidiary of Dialog.
28 Apr 24
Financing/ Investments
XL fully repaid its IDR260.0 billion (RM74.9 million) Sukuk Ijarah I Tranche II Year 2017 Series D which matured on 28 April 2024, which carried an annual fixed ijarah return of IDR23,660.0 million (payable on quarterly basis) and had a tenure of seven (7) years from the date of issuance.
8 Feb 24
Financing/ Investments
PT XL Axiata Tbk (XL) fully repaid its IDR138.0 billion (RM41.1 million) Sukuk Ijarah II Tranche II Year 2019 Series C which matured on 8 February 2024, which carried an annual fixed Ijarah return of IDR12,765.0 million (payable on quarterly basis) and had a tenure of five (5) years from the date of issuance.
Subsequently, XL fully repaid its IDR40.0 billion (RM11.9 million) Bond I Tranche II Year 2019 Series C which matured on 8 February 2024, which carried an annual fixed interest rate of 9.25% (payable on quarterly basis) and had a tenure of five (5) years from the date of issuance.
1 Dec 23
Mergers/ Acquisitions
Axiata Investments (UK) Limited, a wholly owned subsidiary of Axiata entered into an unconditional sale and purchase agreement with Spectrlite UK Limited for the sale of Reynolds Holding Limited (Reynolds) which owns 80.00% ordinary shares of Ncell Axiata Limited. The disposal was completed on the same day. Accordingly, Reynolds and its subsidiary thereat, Ncell (Reynolds Group) ceased to be subsidiaries of the Group and the financial results of Reynolds Group had been classified as discontinued operations.
16 Oct 23
Financing/ Investments
PT XL Axiata Tbk (XL) had fully repaid its IDR149.0 billion (RM44.4 million) Sukuk Ijarah II Tranche I Year 2018 Series C which matured on 16 October 2023 and which, carried an annual fixed Ijarah return of IDR14,304.0 million (payable on quarterly basis) and had a tenure of five (5) years from the date of issuance.
Additionally, XL also; fully repaid its IDR131.0 billion (RM39.0 million) Bond I Tranche I Year 2018 Series C which matured on 16 October 2023 and, carried an annual fixed interest rate of 9.60% (payable on quarterly basis) and had a tenure of five (5) years from the date of issuance.
7 Aug 23
Mergers/ Acquisitions
Axiata received the final cash consideration amounting to RM402.0 million from CelcomDigi for the merger between Celcom Berhad and CelcomDigi which was completed on 30 November 2022.
24 Jul 23
Expansion/ Restructuring
Robi completed the incorporation of r ventures, a public company limited by shares, under the Bangladesh Companies Act 1994. r ventures was incorporated with an issued and paid-up share capital of BDT150.0 million (RM6.5 million). The principal activities of r ventures are to operate in the area of digital services, including over-the-top (OTT) services, ticketing services and mobile value-added services, while also investing in startups and digital ventures.
4 Jul 23
Financing/ Investments
Smart Axiata Co., Ltd (Smart), a subsidiary of Axiata completed its effective ownership of 128,247 ordinary shares representing 30.00% interest in Milvik (Cambodia) Micro Insurance Plc (Milvik) valued at USD1.9 million (RM9.0 million), via a non-cash consideration in the form of a reduction in the existing revenue share under the Insurance Agency Agreement. Effectively, Milvik became an associate company of Smart.
25 Jun 23
Expansion/ Restructuring
Robi Axiata Limited (Robi), a subsidiary of Axiata, completed the incorporation of AxEnTec, a public company limited by shares, under the Bangladesh Companies Act 1994, subject to the approval from the High Court of Bangladesh on the Demerger Scheme of RedDot Digital Limited, a wholly owned subsidiary of Robi. The principal activities of AxEnTec are to serve the market through sales, distribution and marketing services for connectivity, IT and ICT solutions, digital services, software, applications and hardware, including data center, cloud and cloud infrastructure, IoT and cyber security.
5 Apr 23
Mergers/ Acquisitions
ADA Digital Singapore Pte. Ltd. (ADADS), an indirect subsidiary of Axiata held via ADA, completed its acquisition of 81,182 ordinary shares representing 99.00% interest in ADA Digital Analytics Private Limited (formerly known as Dhiomics Analytics Solutions Private Limited) (ADAPL) at a total purchase consideration of INR1,214.5 million (RM65.1 million).
31 Mar 23
Financing/ Investments
Boost Holdings, RHB Bank and Boost Bank entered into a share subscription agreement for Boost Holdings and RHB Bank to subscribe for 100 million new ordinary shares in Boost Bank for a cash consideration of RM100.0 million and a shareholders’ agreement to regulate the affairs of Boost Bank as well as the relationship between Boost Holdings and RHB Bank as shareholders of Boost Bank.
1 Mar 23
Financing/ Investments
The Group through Boost Holdings Sdn Bhd (Boost Holdings), incorporated a new subsidiary, named Boost Berhad (now known as Boost Bank Berhad) (Boost Bank) with RHB Bank Berhad (RHB Bank). Boost Holdings and RHB Bank holds 60.00% and 40.00% in Boost Bank respectively. The principal activity of Boost Bank is operating a digital banking business under the Financial Services Act 2013 and the provision of related services.
30 Jan 23
Mergers/ Acquisitions
Axiata Digital & Analytics Sdn Bhd (ADA), a subsidiary of Axiata Digital Services Sdn Bhd (ADS) completed the acquisition of 2,524,873 ordinary shares, representing 99.99% in Axiata Digital Bangladesh (ADB) from ADS at a purchase consideration of BDT241.1 million (RM9.7 million).
30 Dec 22
Financing/ Investments
The Group’s equity interest in XL increased from 66.17% to 66.53% following the subscription of XL’s rights issue with implementation of obligation as a standby buyer in the limited public offering process of 659,986,906 new shares with a nominal value of IDR100 and exercise price of IDR2,080 per share.
20 Dec 22
Financing/ Investments
The Group’s equity interest in XL increased from 61.48% to 66.17% following the subscription of XL’s Pre-emptive Rights issue of 1,477,929,593 new shares with a nominal value of IDR100 and exercise price of IDR2,080 per share.
2 Dec 22
Financing/ Investments
Full repayment by XL of its IDR425.0 billion (RM120.0 million) Sukuk Ijarah I Tranche I Year 2015 Series D which matured on 2 December 2022.
30 Nov 22
Mergers/ Acquisitions
Completion of the Proposed Merger of the telecommunication operations of Celcom and CelcomDigi Berhad (formerly known as Digi.Com Berhad) (Digi). With this, Celcom and its group of companies ceased to be part of the Group while Axiata and Telenor Asia Pte Ltd (Telenor Asia) hold equal ownership in Digi at 33.10% each via: (i) the transfer of 1,237,534,681 Celcom Shares representing 100% of the issued share capital of Celcom held by Axiata to Digi; (ii) the receipt by Axiata of the Consideration Shares comprising 3,883,129,144 newly issued Digi shares representing 33.10% of the enlarged share capital of Digi, valued at RM15,532.5 million, and a cash consideration of RM2,468.9 million from Digi. (iii) the issuance by Digi of 73,378,844 new Digi shares representing 0.63% of the enlarged issued share capital of Digi to Telenor Asia to reach equal ownership following Telenor Asia’s payment of RM297.9 million to Axiata. In conjunction with the completion of the Proposed Merger, Axiata had entered into the Shareholders’ Agreement with Telenor Asia and Telenor ASA on the same day.
31 Oct 22
Expansion/ Restructuring
Celcom Networks Sdn Bhd (Celcom Networks), a wholly-owned subsidiary of Celcom entered into an Access Agreement with DNB to allow Celcom and Celcom Networks wholesale access to DNB’s 5G network for a period of 10 years.
7 Oct 22
Financing/ Investments
Celcom Mobile Sdn Bhd (CMSB), a wholly-owned subsidiary of Celcom entered into a conditional Share Subscription Agreement with Digital Nasional Berhad (DNB) for the subscription by CMSB of (i) 100,000 ordinary shares in DNB for the sum of RM100,000 and (ii) 178,471,429 Rights to Allotment for the sum of RM178,471,429.
6 Oct 22
Mergers/ Acquisitions
Completion of the mandatory tender offer (MTO) for a total 921,503,429 ordinary shares of Link Net, resulting AII and XL, collectively hold 99.52% interest in Link Net. Following the acquisition of Link Net in June 2022, AII was obligated to conduct a tender offer by buying 934,845,500 ordinary shares of Link Net. The MTO ran from 30 August 2022 to 28 September 2022.
3 Oct 22
Expansion/ Restructuring
Completion of the incorporation of Smart Pay Limited (Smart Pay), a private company limited by shares, under the Bangladesh Companies Act 1994 with an issued and paid-up share capital of BDT200.0 million (RM9.2 million) by Robi Axiata Limited. The principal activity of Smart Pay is to provide a fintech-driven electronic payments and other related services.
1 Sep 22
Financing/ Investments
Issuance of a series of Sukuk Ijarah namely Shelf Sukuk Ijarah III XL Axiata Tranche I Year 2022 and a series of bonds namely Shelf Bond II XL Axiata Tranche I Year 2022, with maturity period between three (3) to ten (10) years at the nominal value of IDR1,500.0 billion (RM423.0 million) each. Both were registered on Indonesia Stock Exchange (IDX) on 2 September 2022.
23 Aug 22
Financing/ Investments
EDOTCO via its wholly-owned subsidiary, edotco Malaysia Sdn Bhd (edotco Malaysia) established a Sukuk Wakalah Programme of up to RM3.0 billion in nominal value. On 9 September 2022, edotco Malaysia has successfully issued RM1.4 billion series of Sukuk at par with maturity period between three (3) to ten (10) years.
22 Jun 22
Mergers/ Acquisitions
Completion of the acquisition of an aggregate 1,816,735,484 ordinary shares representing 66.03% equity interest in PT Link Net Tbk (Link Net) from Asia Link Dewa Pte Ltd and PT First Media Tbk at IDR4,800 per ordinary share in Link Net by Axiata Investments (Indonesia) Sdn Bhd (AII) and XL for a total consideration of IDR8,720.3 billion (RM2.6 billion). Effectively, Link Net became a subsidiary of the Group.
2 Jun 22
Mergers/ Acquisitions
Completion of the acquisition of 2,805 ordinary shares in PT Hipernet Indodata (Hypernet) representing 51.00% of the issued and paid-up share capital of Hypernet by XL for a cash consideration of IDR335.3 billion (RM100.9 million). Effectively, Hypernet became a subsidiary of Axiata Group (Group).
29 Apr 22
Development
Boost Holdings Sdn Bhd (Boost Holdings) received a conditional approval from Bank Negara Malaysia for the joint application for a digital bank license by Boost Holdings and RHB Bank Berhad. The new digital bank should be operational by 2023, and shall focus on the underserved, unserved and/or unbanked segment primarily within Malaysia with the aim of building a more inclusive financial sector in Malaysia.
28 Apr 22
Financing/ Investments
Full repayment by XL of its IDR142.0 billion (RM42.0 million) Sukuk Ijarah I Tranche II Year 2017 Series C which matured on 28 April 2022.
19 Apr 22
Mergers/ Acquisitions
edotco Group Sdn Bhd (EDOTCO) via its wholly-owned subsidiary, edotco Towers, Inc. (ISOC) entered into a Sale and Purchase Agreement (SPA) with Smart Communications, Inc. and Digitel Mobile Philippines, Inc. for the acquisition of 2,973 telecom towers and related assets in the Philippines for a total purchase consideration of PHP42,000 million (equivalent to RM3,358.3 million). ISOC had: (i) on 1 June 2022 completed the purchase of 1,500 towers with a transaction value of PHP21,190.7
million (RM1,694.4 million); (ii) on 1 August 2022 completed the purchase of 503 towers with a transaction value of PHP7,106.0 million (RM566.4 million); and (iii) on 3 October 2022 completed the purchase of 200 towers with a transaction value of PHP2,825.4 million (RM229.8 million). The completion of the remaining towers shall be subject to the completion of, amongst others, the requisite documentation as per the ISOC SPA.
18 Feb 22
Financing/ Investments
Axiata Digital Capital Sdn Bhd established an asset-backed medium term notes programme (MTN Programme) via Salvare Assets Berhad (Salvare) involving issuance up to RM300.0 million. Salvare issued RM39.0 million Class A Senior Notes (Notes) pursuant to the MTN Programme on 31 March 2022. The Notes, which was issued at par, carries a coupon rate of 7.20% p.a. (payable quarterly in arrears) and has a tenure of 30 months from the date of issuance, maturing on 30 September 2024.
11 Feb 22
Development
Acceptance by Celcom Berhad (formerly known as Celcom Axiata Berhad) (Celcom) of an offer from the Malaysian Communications and Multimedia Commission (MCMC) for Spectrum Assignment in the 2530MHz to 2540MHz paired with 2650MHz to 2660MHz frequency bands where the effective period for the Spectrum Assignment commences on 1 July 2022 for a period of 5 years.
8 Feb 22
Financing/ Investments
Full repayment by PT XL Axiata Tbk (XL) of its IDR110.0 billion (RM32.0 million) Sukuk Ijarah II Tranche II Year 2019 Series B and IDR191.0 billion (RM55.6 million) Bond I Tranche II Year 2019 Series B which matured on 8 February 2022.
20 Dec 21
Mergers/ Acquisitions
Completion of the acquisition of 14,100,000 ordinary shares and 10,900,000 preference shares representing 100.0% equity interest in Touch Mindscape Sdn Bhd (“TMs”) held by Touch Group Holdings Sdn Bhd by edotco Malaysia Sdn Bhd (“edotco Malaysia”) at a net purchase consideration of RM1.6 billion after adjustments provided under the terms and conditions of the Share Sale Agreement dated 30 November 2021. Subsidiaries of TMs are principally, involved in construction and leasing of telecommunication infrastructure in Pahang and is one of the leading providers of telecommunication infrastructures in Pahang and Malaysia with one of its companies, a Pahang State-Appointed One-Stop Agency to process, coordinate and obtain approvals for telecommunication infrastructures in Pahang. Effectively, TMs became a wholly-owned subsidiary of edotco Malaysia.
28 Oct 21
Financing/ Investments
Full repayment by Celcom Networks, a wholly-owned subsidiary of Celcom, of its RM150.0 million Sukuk Murabahah Series 7 (“Series 7 Sukuk”) which matured on 28 October 2021. The Series 7 Sukuk carried a coupon rate of 4.85% per annum (payable semi-annually) and had a tenure of five years from the date of issuance.
27 Oct 21
Financing/ Investments
Completion of the disposal of 533,409,349 ordinary shares in XL, representing approximately 5% equity interest in XL at a disposal consideration of IDR1,440,205.2 million (equivalent to approximately RM421.9 million) or IDR2,700 (equivalent to approximately RM0.79) per XL share by Axiata Investments (Indonesia) Sdn Bhd, an indirect wholly-owned subsidiary of Axiata, to Ferrymount Investments Limited. This has resulted into the decreased of the Group’s equity interest in XL from 66.48% to 61.48%.
16 Oct 21
Financing/ Investments
Full repayment by PT XL Axiata Tbk (“XL”) of its IDR399.0 trillion (RM116.9 million) Sukuk Ijarah II Tranche I Year 2018 Series B and its IDR450.0 trillion (RM131.9 million) Bond I Tranche 1 Year 2018 Series B which matured on 16 October 2021.
27 Aug 21
Financing/ Investments
Full repayment by Celcom Networks Sdn Bhd (“Celcom Networks”), a wholly-owned subsidiary of Celcom, of its RM400.0 million Sukuk Murabahah Series 5 (“Series 5 Sukuk”) which matured on 27 August 2021. The Series 5 Sukuk carried a coupon rate of 4.05% per annum (payable semi-annually) and had a tenure of nine years from the date of issuance.
30 Jun 21
Expansion/ Restructuring
Submission of the joint application for the digital bank licence to Bank Negara Malaysia by Boost Holdings, a subsidiary of ADS, and RHB Bank Berhad (collectively the “Parties”) pursuant to the heads of agreement entered into between the Parties on 2 June 2021 setting out the terms of the said proposed application.
21 Jun 21
Mergers/ Acquisitions
Conclusion of the due diligence exercise and the signing of the agreements for the Proposed Merger by the Company and Telenor Asia: (i) conditional share purchase agreement with Digi (“SPA”); and (ii) master transaction agreement with Telenor Asia and Telenor ASA (“Telenor”) (“MTA”).
On the closing of the SPA, the Company intends to enter into a shareholders’ agreement with Telenor Asia and Telenor to establish the respective rights and obligations of the parties with respect to the activities and governance of MergeCo as well as ownership and disposition of the securities in MergeCo (“SHA”). (The SPA, MTA and the agreed form of the SHA are collectively referred to as the “Transaction Agreements”).
At completion, the merger of Celcom and Digi will result in the Company receiving newly issued ordinary shares in Digi, representing 33.10% of the enlarged issued share capital of Digi, cash consideration of RM2.0 billion adjusted with movement in net debt and working capital of which RM1.7 billion from Digi as new debt and RM297.9 million from Telenor Asia for the purpose of ownership equalisation under the terms of the Transaction Agreements.
31 May 21
Mergers/ Acquisitions
Completion of the acquisition of 20,000,000 ordinary shares representing 100.00% equity interest in AAD Holdings Pte Ltd (“AADH”) held by TheScaleGroup Pte. Ltd. by ADA Digital Singapore Pte Ltd (“ADADS”), an indirect subsidiary of ADS held via ADA at a purchase consideration of USD19.6 million (RM81.9 million). Effectively, AADH became a wholly-owned subsidiary of ADADS. AADH owns five direct subsidiaries namely AAD Indochina Pte Ltd (“AADI”), AADistribution Phils Inc, Awake Asia Distribution Sdn Bhd, Awake Asia Distribution Pte Ltd and PT Awake Asia Distribution Indonesia, and an indirect subsidiary held via AADI, namely Thien An Investment Co Ltd.
17 May 21
Financing/ Investments
Completion of the subscription of 6,622,517 ordinary shares by Softbank Corp. (“Softbank”) at the consideration of USD60.0 million (RM246.4 million) representing 23.07% of the total issued and paid-up share capital of Axiata Digital & Analytics Sdn Bhd (formerly known as Axiata Digital Advertising Sdn Bhd) (“ADA”), a subsidiary of Axiata held via ADS. This has resulted in the shareholdings of ADA held by ADS, Softbank and Sumitomo Corporation be changed to 63.47%, 23.07% and 13.46% respectively.
30 Apr 21
Mergers/ Acquisitions
Increase of ADS equity interest in ADS Digital Ventures Sdn Bhd (formerly known as Merchantrade Digital Services Sdn Bhd) (“ADSDV”) from 51.00% to 100.00% upon completion of the acquisition by ADS of the remaining 49 ordinary shares representing 49.00% of the issued share capital of ADSDV for a total consideration of RM490 pursuant to an agreement between ADS and Merchantrade Asia Sdn Bhd.
21 Apr 21
Mergers/ Acquisitions
Completion of the acquisition of 68.75% interest in PT Creative Mobile Adventure (“CMA”) by Boost Holdings Sdn Bhd (“Boost Holdings”), a subsidiary of Axiata held via Axiata Digital Services Sdn Bhd (“ADS”) via the:
1. purchase of Series A secondary shares of 2,250 Series A shares in CMA at a total consideration of USD2.3 million (RM9.3 million) from existing shareholders on 19 April 2021; and
2. subscription of Series B primary shares of 2,700 newly issued Series B shares in CMA at a total consideration of approximately USD3.0 million (RM12.3 million).
8 Apr 21
Mergers/ Acquisitions
Advanced discussions between Axiata Group Berhad (“Axiata” or “Company”) and Telenor Asia Pte Ltd (“Telenor Asia”) to undertake a merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi.Com Berhad (“Digi”) (a company listed on the Main Market of Bursa Malaysia Securities Berhad) (“MergeCo”).
5 Mar 21
Expansion/ Restructuring
Dissolution of PLDT Malaysia Sdn Bhd via Members’ Voluntary Winding-Up pursuant to Section 459(5) of the Companies Act 2016.
20 Feb 21
Mergers/ Acquisitions
Acquisition of 100% of the issued share capital of My Health Solutions by Digital Health (Private) Limited (“DH”), an indirect subsidiary of Dialog from its existing shareholders, Dialog Axiata Digital Innovation Fund (Private) Limited (“DADIF”) and Aartiz Technologies (Private) Limited (“Aartiz”) via the issuance of DH’s ordinary shares to DADIF and Aartiz, representing 20.45% and 9.55% respectively.
7 Jan 21
Mergers/ Acquisitions
Completion of the acquisition of 1,111,111 ordinary shares representing 100.0% of the issued share capital of H One (Private) Limited at a purchase consideration of SLR481.7 million (RM10.0 million) pursuant to the Share Sale and Purchase Agreement between Dialog Broadband Networks (Private) Limited, a subsidiary of Dialog Axiata PLC (“Dialog”) with Hirdaramani Investment Holdings Private Limited and W K AS A Fernando dated 23 December 2020.
24 Dec 20
Financing/ Investments
Robi Axiata Limited (“Robi”) completed the listing and quotation of its entire issued and paid-up share capital of 523,793,334 ordinary shares of BDT10 each in Robi on the Dhaka Stock Exchange Limited and the Chittagong Stock Exchange Limited in Bangladesh. Robi had raised a total proceeds of approximately BDT5,237.9 million (equivalent to approximately RM251.0 million). Following this, Robi is a 61.82% subsidiary of Axiata.
15 Dec 20
Financing/ Investments
Great Eastern Digital Private Limited (“GE”) invested in Boost Holdings for the subscription of 29,400,000 ordinary shares at the consideration of RM294,000,000 representing 21.88% of the total issued and paid-up share capital of Boost Holdings. Subsequent to the said investment, the shareholding of Boost Holdings held by Axiata Digital and GE is 78.12% and 21.88% respectively.
4 Dec 20
Expansion/ Restructuring
Axiata Digital completed the restructuring of Digital Financial Services Businesses via the transfer of its entire shareholdings in Axiata Digital Capital Sdn Bhd, Axiata Digital eCode Sdn Bhd, Apigate Sdn Bhd and PT Axiata Digital Services Indonesia to Boost Holdings.
19 Nov 20
Financing/ Investments
Axiata SPV2 fully repaid its USD500.0 million (RM2,068.0 million) Sukuk which matured on 19 November 2020. The Sukuk carried a coupon rate of 3.466% per annum (payable semi-annually in arrears) and had a tenure of 5 years from the date of issuance.
4 Oct 20
Expansion/ Restructuring
Axiata Digital completed the incorporation of Trust Axiata Digital Limited (“TADL”), a private company limited by shares, under the Companies Act (Bangladesh), 1994 with an issued and paid-up share capital of BDT450.0 million (RM22.0 million). The principal activities of TADL is providing mobile financial services and related products and services in the Bangladesh market.
12 Aug 20
Financing/ Investments
Axiata SPV2 Berhad (“Axiata SPV2”), a wholly-owned subsidiary of Axiata, priced its USD500.0 million (RM2.1 billion) Sukuk and issued on 19 August 2020, pursuant to its multi-currency sukuk programme established on 17 July 2012 (“Series Four Sukuk”) at par, with a coupon rate of 2.163% p.a. (payable semi-annually) and has tenure of 10 years from the date of issuance. The Series Four Sukuk was listed on 21 August 2020, but not quoted for trading, on Bursa Malaysia Securities Berhad (under the Exempt Regime) and listed and quoted on the SGX-ST.
10 Aug 20
Financing/ Investments
Axiata SPV5, a wholly-owned subsidiary of Axiata, established a Euro Medium Term Note Programme involving issuance of up to USD1.5 billion or its equivalent in other currencies (“EMTN Programme”). On 12 August 2020, Axiata SPV5 successfully priced its USD1.0 billion (RM4.2 billion) Notes and issued on 19 August 2020, pursuant to the EMTN Programme (“Series One Notes”) at par, with a coupon rate of 3.064% p.a. (payable semi-annually) and has tenure of 30 years from the date of issuance. On 21 August 2020, the Series One Notes was listed and quoted on the Singapore Exchange Securities Trading Limited (“SGX-ST”).
24 Jul 20
Expansion/ Restructuring
Axiata completed the incorporation of Axiata SPV5 (Labuan) Limited (“Axiata SPV5”), a private company limited by shares, under the Labuan Companies Act 1990 with an issued and paid-up share capital of RM1. The principal activities of Axiata SPV5 are investment holding and issuance of financial instruments.
22 Jul 20
Expansion/ Restructuring
edotco Group Sdn Bhd (“edotco”), a subsidiary of Axiata, completed the incorporation of edotco Urban Infrashare Ltd (“edotco Urban Infrashare”), a private company limited by shares, under the Myanmar Company Law 2017 with an issued and paid-up share capital of USD0.6 million (RM2.6 million). The principal activities of edotco Urban Infrashare are telecommunications infrastructure and related services.
14 Jul 20
Mergers/ Acquisitions
Axiata completed the merger between SmartLuy Plc (“SmartLuy”), a subsidiary of Axiata held via Smart Axiata Co. Limited and Axiata (Cambodia) Holdings Limited and Pi Pay Plc (“Pi Pay”) a leading cashless payment platform in Cambodia. Post merger, SmartLuy ceased as a company and Pi Pay remained as an associate of Axiata.
11 Jun 20
Expansion/ Restructuring
Axiata Digital Services Sdn Bhd (“Axiata Digital”), a subsidiary of Axiata, completed the incorporation of Boost Holdings Sdn Bhd (“Boost Holdings”), a private company limited by shares, under the Malaysian Companies Act 2016 with an issued and paid-up share capital of RM10. The principal activity of Boost Holdings is investment holding.
13 May 20
Expansion/ Restructuring
Axiata completed the Voluntary Liquidation process of DeeXpand Company Limited (“DeeXpand”), a wholly-owned subsidiary of Axiata held through Axiata Business Services Sdn Bhd and Xpand Investments (Labuan) Limited with the Department of Business Development, Thailand.
28 Apr 20
Financing/ Investments
Axiata SPV1 (Labuan) Limited, a wholly-owned subsidiary of Axiata, fully repaid its USD300.0 million (RM1.3 billion) Guaranteed Notes (“Notes”) which matured on 28 April 2020. The Notes carried a coupon rate of 5.375% per annum (payable semiannually in arrears) and had a tenure of 10 years from the date of issuance. The Notes subsequently was delisted from the Stock Exchange of Hong Kong Limited and the Labuan International Financial Exchange Inc. effective 28 April 2020.
13 Mar 20
Financing/ Investments
Axiata completed the disposal of its remaining 1.05% equity interest in Vodafone Idea Limited held via Axiata Investments 1 (India) Limited and Axiata Investments 2 (India) Limited through multiple sale transactions at a consideration of INR1,346.8 million (RM77.3 million).
29 Jan 20
Expansion/ Restructuring
Axiata Group Berhad (“Axiata”) completed the deregistration of its wholly-owned subsidiary, Hello Axiata Company Limited with the Ministry of Commerce (“MOC”), Cambodia.
18 Dec 19
Financing/ Investments
edotco Group via its wholly-owned subsidiary, edotco Labuan completed the subscription of 260,204,082 common shares of PhP1.00 each representing 51.00% of the enlarged issued and paid-up share capital of ISOC Asia Telecom Towers, Inc. at a cash consideration of PhP260.2 million (equivalent to USD5.1 million/RM21.4 million).
17 Dec 19
Expansion/ Restructuring
Dialog completed the incorporation of Dialog Network Services (Private) Limited (“Dialog Network Services”), a private company limited by shares, under the Companies Act No. 07 of 2007 of Sri Lanka (Act). The principal activities of Dialog Network Services are providing network development, operations and maintenance services.
4 Dec 19
Financing/ Investments
Axiata via its wholly-owned subsidiary, AI1, completed a partial disposal of its equity stake in Vodafone Idea resulting into the Group’s equity shareholding in Vodafone Idea was reduced from 1.62% to 1.05%.
20 Nov 19
Financing/ Investments
Axiata via its wholly-owned subsidiary, AI2, completed the disposal of its entire equity stake comprising 247,265,873 shares which is equivalent to 0.86% stake held in Vodafone Idea.
5 Nov 19
Expansion/ Restructuring
Robi completed the incorporation of RedDot Digital Limited (“RedDot”), a public company limited by shares, under the Bangladesh Companies Act (Act XVIII) of 1994. The principal activities of Red Dot are IT and ICT and to facilitate Robi’s non-Mobile Network Operator business activities.
17 Sep 19
Expansion/ Restructuring
Axiata Digital Capital Sdn Bhd (“ADC”), a wholly-owned subsidiary of Axiata Digital completed the incorporation of PT Axiata Digital Capital Indonesia (“PTADC”), an 85% owned by ADC and 15% owned by nominee appointed by Axiata Digital. PTADC will be the entity/platform for lending activities in Indonesia.
27 Jun 19
Expansion/ Restructuring
XL entered into an agreement with Princeton Digital Group (Indonesia Alpha) Pte. Limited (“PDG”) to establish a new company, to transfer certain assets, sell subscription shares and partially leaseback such assets for a period of ten years which can be extended for the next five years.
A new company was established under the name of PT Princeton Digital Group Data Centres (“PDGDC”) based on Deed of Establishment No 13 dated 27 June 2019 as approved by the Minister of Justice of Republic Indonesia dated 1 July 2019.
The intended principal activity of PDGDC is to provide the information and communication service with the main business to develop hosting activities. The establishment of PDGDC was completed on 19 December 2019 with PDG and XL holding 70% and 30% of total PDGDC shares respectively.
21 Jun 19
Mergers/ Acquisitions
edotco Group completed the acquisition of 437 ordinary shares representing 21.85% of the entire equity interest in edotco Holdings (Labuan) Limited (“edotco Holdings Labuan”) held by Southern Coast Ventures Inc. at a cash consideration of RM87.2 million or USD21.0 million. Effectively, edotco Holdings Labuan became a wholly-owned subsidiary of edotco.
16 Apr 19
Financing/ Investments
Axiata’s wholly-owned subsidiaries, Axiata Investments 1 (India) (“AI1”) Limited and Axiata Investments 2 (India) Limited (“AI2”) which did not participate in the allotment of equity shares via the rights issue in Vodafone Idea Limited (“Vodafone Idea”) as offered on 10 April 2019 to them as its eligible shareholders, disposed their rights to third parties. This has resulted in a gain on disposal amounting to RM96.1 million or INR1,617.4 million.
5 Apr 19
Financing/ Investments
Mitsui & Co., Ltd. (“Mitsui”) invested in Axiata Digital for the subscription of 193,050 ordinary shares at the consideration of RM81.6 million or USD20 million representing 3.53% of the total issued and paid-up share capital of Axiata Digital. Subsequent to the said investment, the shareholding of Axiata Digital held by Axiata and Mitsui is 96.47% and 3.53% respectively.
27 Feb 19
Mergers/ Acquisitions
The entire equity interest held by Axiata’s wholly-owned subsidiary, Axiata Investments (Singapore) Limited (“AIS”) in M1 Limited comprising 265,410,150 ordinary shares was disposed to Konnectivity Pte. Ltd (“Konnectivity”) upon AIS’ acceptance of the Voluntary Conditional General Offer made by Konnectivity on 27 September 2018 to acquire the said equity interest for a total consideration of RM1,649.3 million.
8 Feb 19
Expansion/ Restructuring
Smart completed the incorporation of SmartLuy PLC, a public limited company to conduct business in relation to payment services in Cambodia.
5 Feb 19
Expansion/ Restructuring
Apigate Sdn Bhd, a wholly-owned subsidiary of Axiata Digital, completed the incorporation of Apigate India Services Private Limited to carry out the Application Programming Interface (API) business in the State of Maharashtra, India.
29 Jan 19
Financing/ Investments
edotco Group via its wholly-owned subsidiary, edotco Investments (Labuan) Limited (“edotco Labuan”), entered into a Share Subscription Agreement with Mr. Viphet Sihachakr and Mekong Tower Company Limited (“MTCL”) for the subscription by edotco Labuan of 25,600 ordinary shares of LAK500,000 each representing 80.00% of the enlarged issued and paid-up share capital of MTCL for a cash consideration of LAK12,800 million (equivalent to RM6.7 million). The subscription was completed on 21 June 2019 resulting in MTCL becoming a subsidiary of Axiata.
8 Nov 18
Mergers/ Acquisitions
AIL completed the divestment of its entire 89% stake in Multinet resulting in the cessation of Multinet as a subsidiary of Axiata.
18 Sep 18
Mergers/ Acquisitions
The Sale and Purchase of the Shares (“SPA”) dated 30 August 2017 on the Proposed Acquisition of Deodar (Private) Limited (“Deodar”) has been terminated by Pakistan Mobile Communications Limited due to the nonfulfilment of the conditions precedent to the SPA; in particular, regulatory approval for the resulting change of control in Deodar contemplated under the SPA.
Consequentially, edotco Investments (Labuan) Limited (“edotco Labuan”) will not proceed with the Proposed Subscription under the Subscription Agreement with Dawood Hercules Corporation Limited of which the Subscription Monies was intended to partially fund the acquisition of Deodar.
16 Aug 18
Expansion/ Restructuring
Axiata Group unconditionally and irrevocably relinquished some of its rights under the Share Subscription Agreement dated 25 June 2008 between; inter-alia, Axiata Group and Idea in relation to subscription by Axiata Group of shares in Idea, the same having been duly acknowledged by Idea on even date (“Relinquishment of Rights”), which include, amongst others, the following:-
1. Rights to appoint Axiata representative as a Board member of Idea and to the Board Audit Committee of Idea, and
2. Anti-dilution rights.
With the Relinquishment of Rights, Axiata Group ceased to have significant influence on Idea in accordance with applicable accounting standard which will result in:-
3. Idea being reclassified as a financial asset measured at fair value through other comprehensive income; and
4. An estimated de-recognition loss for financial year ending 31 December 2018
27 Jul 18
Mergers/ Acquisitions
edotco MY completed the acquisition of the Sale Shares representing 80% of the issued share capital of TDSB resulted into TDSB becoming a subsidiary of Axiata.
20 Jul 18
Financing/ Investments
Sumitomo Corporation (“Sumitomo”) on 20 July 2018 invested in Axiata Digital Advertising Sdn Bhd (“ada”), a subsidiary of the Company held via Axiata Digital, for the subscription of 3,334,017 shares at a consideration of RM81.2 million (USD20 million) representing 18.31% of total issued and paidup share capital of ada.
13 Jul 18
Mergers/ Acquisitions
AIL entered into a Share Purchase Agreement with Adnan Asdar Ali (“AA”) for the divestment AIL’s entire 89% stake in Multinet for a sum of USD1 on a cash free and debt free basis. AA is the current shareholder of Multinet holding the remaining 11% stake in Multinet.
11 Jul 18
Expansion/ Restructuring
Axiata Investments (Labuan) Limited (“AIL”) on 10 July 2018 completed the incorporation of Axiata Digital Labs (Private) Limited to function as Software Development and IT Enabled Services venture of Axiata Group.
12 Jun 18
Mergers/ Acquisitions
With the completion of the exercise of the Mitsui Call Option in accordance with the terms of the Amended and Restated Shareholders Agreement (“ARSA”) between Axiata Investments (Cambodia) Limited (“AIC”), Southern Coast Ventures Inc. (“SCV”) and M&Y Asia Telecom Holdings Pte. Ltd. (“M&Y Asia”) dated 19 May 2017, AIC and M&Y Asia respectively held 72.5% and 20% in Axiata (Cambodia) Holdings Limited, the holding company of Smart with the balance 7.5% held by SCV.
4 May 18
Financing/ Investments
edotco Pakistan Private Limited ("edotco PK") a wholly-owned subsidiary of edotco Group, obtained the approval of Pakistan Telecommunication Authority on the change of shareholding in edotco PK by way of subscription by Dawood Hercules Corporation Limited of 45% of its share capital.
4 May 18
Mergers/ Acquisitions
edotco Malaysia Sdn Bhd (“edotco MY”), a wholly-owned subsidiary of edotco Group, entered into a Sale and Purchase of Shares Agreement with Utara Jernih Sdn Bhd and Mohd Azam bin Saad for the acquisition of 80,002 ordinary shares representing 80% of the issued share capital of Tanjung Digital Sdn Bhd (“TDSB”) for a total cash consideration of RM140 million.
20 Mar 18
Mergers/ Acquisitions
Dialog Broadband Networks (Private) Limited, a wholly-owned subsidiary of Dialog, entered into a Shareholder Agreement on 16 March 2018 with St. Anthony’s Property Developers (Private) Limited to acquire through a primary issuance, a 35% equity stake in Digital Reality (Private) Limited for the purpose of establishing, operating and managing a data centre business in Sri Lanka.
23 Feb 18
Financing/ Investments
Following further notification by Idea on the allotment of 424,242,424 Idea Shares at an issue price of INR82.50 per Idea Share aggregating to INR35 billion to eligible qualified institutional buyers in the Qualified Institutional Placement, Axiata Group’s shareholding in Idea was further diluted from 18.1% to 16.34%
13 Feb 18
Financing/ Investments
With the non-participation by Axiata of the allotment by Idea of its 326,633,165 equity shares of face value of INR10 each (“Idea Shares”) at an issue price of INR99.50 per Idea Share aggregating to INR32.5 billion on preferential basis to several entities, Axiata Group’s shareholding in Idea was diluted from 19.7% to 18.1%.
30 Jan 18
Development
Following the receipt by Celcom of an offer from the MCMC on the reissuance of the existing Spectrum Assignment in 1950MHz to 1965MHz and 2140MHz to 2155MHz for a period of 16 years effective from 2 April 2018, subject to price component payment of RM118.4 million being made in one lump sum before 1 February 2018 and annual fixed fee payment of RM50 million payable before 15 December 2018 throughout the assignment period, the price component fee in one lump sum was submitted by Celcom to the MCMC on this date.
22 Jan 18
Expansion/ Restructuring
ABS completed the incorporation of Axiata Global Services Pte Ltd to carry out regional Business-to-Business transactions including shared service support for Axiata Group.
22 Jan 18
Financing/ Investments
Headstart (Private) Limited (“Headstart”) became a 50.59% of Digital Holdings Lanka (Private) Limited, a wholly-owned subsidiary of Dialog via conversion of the last tranche of its bonds in Headstart subsequent to its initial conversion in 2015 resulting into its earlier 26% stake in Headstart.
18 Dec 17
Expansion/ Restructuring
Celcom Axiata Berhad, a wholly-owned subsidiary of Axiata, had completed the incorporation of On Site Services Sdn Bhd, to carry out the business of engineering and design, installation, testing and commissioning, network audit and optimisation for the telecommunication services industry and provision of telecommunication equipment and accessories.
12 Dec 17
Expansion/ Restructuring
ADS completed the incorporation of APIgate Sdn. Bhd. (“APIgate”) to carry out the business of developing Application Programming Interface ("API") and offering API services via API hub and portals software and mobile application.
17 Nov 17
Expansion/ Restructuring
ADS completed the incorporation of a new subsidiary, PT Axiata Digital Services Indonesia (“PTADSI”), a limited liability company in Indonesia, to carry out the business of digital financial services of ADS in Indonesia.
26 Oct 17
Expansion/ Restructuring
ADA completed the incorporation of a new subsidiary, PT Axiata Digital Analytics Indonesia (“PTADAI”), a limited liability company in Indonesia, to carry out business of digital advertising and consumer analytics of ADS in Indonesia.
11 Oct 17
Expansion/ Restructuring
ADS completed the incorporation of Axiata Digital Bangladesh (Private) Limited (“ADB”), a private company limited by shares, in Bangladesh, to carry out an online ticketing business in Bangladesh.
9 Oct 17
Financing/ Investments
Smart entered into following agreements:
- Convertible Loan Agreement with Sabay Digital Plus Co., Ltd (“SDP”) under which Smart will make available a loan facility of USD1.5 million to SDP which is convertible to ordinary shares in SDP (“SDP Shares”); and
- Call Option Agreement with SDP and Sabay Digital Group Pte. Ltd. (“SDG”) for the acquisition of additional SDP Shares from SDG as follows:-
- Such number of SDP Shares resulting with the aggregate number of SDP Shares held by Smart is equivalent to 30% of the issued and paid-up capital of SDP; and
- All or part of the remaining issued and paid-up capital of SDP from SDG at a price to be agreed by the parties.
13 Sep 17
Expansion/ Restructuring
ADS completed the incorporation of Merchantrade Digital Services Sdn. Bhd. a private company limited by shares, to be used as the designated vehicle for the joint venture between ADS and Merchantrade Asia Sdn Bhd to carry out the business of digital financial services and solution provider.
12 Sep 17
Mergers/ Acquisitions
Dialog Axiata PLC, a 83.32% subsidiary of Axiata, acquired by way of stock trade crossing on Colombo Stock Exchange, a total of 37,374,598 ordinary shares of Colombo Trust Finance PLC from Cargills Bank Limited.
30 Aug 17
Financing/ Investments
edotco Investments (Labuan) Limited, a wholly-owned subsidiary of edotco, entered into a Subscription Agreement with Dawood Hercules Corporation Limited for the subscription of shares in edotco PK.
16 Aug 17
Mergers/ Acquisitions
ABS through its wholly-owned subsidiary, Xpand Labuan, had completed the Proposed Acquisition of SCL.
3 Aug 17
Mergers/ Acquisitions
edotco PK completed the acquisition of 100% equity interest in TTPL for a purchase consideration of USD88.9 million (equivalent to RM381.0 million) after adjustments provided under the terms of the Sale and Purchase Agreement ("SPA").
In accordance with the terms of the SPA, TTPL had on the Completion Date entered into a Share Pledge Agreement (“PA”) with HB Offshore Investments Limited (“HBOIL”), the owner of wi-tribe Pakistan Limited (“wi-tribe”), provider of wireless broadband services in Islamabad, Rawalpindi, Lahore, Karachi, and Faisalabad.
13 Jul 17
Expansion/ Restructuring
Adknowledge Asia Pacific Pte Ltd (“APAC”), an 80% owned subsidiary of Axiata Digital Advertising Sdn Bhd ("ADA") which in turn is a wholly-owned subsidiary of Axiata via ADS, incorporated a new subsidiary, Adknowledge Asia Philippines Inc. (“AAP”), a private company limited by shares, in Philippines. The incorporation of AAP was completed following the receipt by APAC on 12 July 2017 of the Certificate of Incorporation from Securities and Exchange Commission, Republic of Philippines.
20 Jun 17
Mergers/ Acquisitions
Edotco Pakistan (Private) Limited ("edotco PK"), a wholly-owned subsidiary of edotco, entered into an Agreement for the Subscription, Sale and Purchase of Shares with Tower Share (Private) Limited (“TS PK”) and Tanzanite Tower Private Limited (“TTPL”) for the subscription of 899,900 ordinary shares of Rs.10 each in TTPL and acquisition from TS PK of the entire issued share capital of TTPL for a total cash consideration of USD90.0 million (equivalent to approximately RM385.4 million).
6 Jun 17
Expansion/ Restructuring
ABS completed the incorporation of Xpand Investments (Labuan) Limited (“Xpand Labuan”), a private company limited by shares in the Federal Territory of Labuan
1 Jun 17
Financing/ Investments
The disposal by AIC of 226 ordinary shares in ACH, the holding company of Smart, was completed.
AIC and MY Asia now respectively holds 82.5% and 10% interest in ACH, with the balance 7.5% held by SCV.
19 May 17
Financing/ Investments
Axiata and its wholly-owned subsidiary, Axiata Investments (Cambodia) Limited (“AIC”), entered into a Share Purchase Agreement (“SPA”) with M&Y Asia Telecom Holdings Pte. Ltd. (“MY Asia”) and Mitsui & Co., Ltd. for the disposal by AIC of 226 ordinary shares of USD1.00 each in Axiata (Cambodia) Holdings Limited (formerly known as Glasswool Holdings Limited) (“ACH”), the holding company of Smart Axiata Co., Ltd. ("Smart"), a 82.5% subsidiary of Axiata, representing 10% of the total issued and paid-up share capital of ACH, for a total cash consideration of USD66.0 million (equivalent to approximately RM285.7 million) (“Initial Sale”).
Pursuant to the Initial Sale, AIC also entered into an Amended and Restated Shareholders Agreement (“ARSA”) with MY Asia and Southern Coast Ventures Inc. (“SCV”) to govern their relationship as shareholders of ACH which includes inter-alia, a call option to MY Asia for further 10% stake in ACH.
15 May 17
Mergers/ Acquisitions
Axiata Business Services Sdn Bhd (“ABS”), a wholly-owned subsidiary of Axiata, entered into a Share Sale and Purchase Agreement (“SSPA”) for the acquisition of 65% of the issued share capital of Suvitech Co., Ltd (“SCL”) at a consideration of up to USD11.05 million (equivalent to RM47.91 million) (“Proposed Acquisition of SCL”).
28 Apr 17
Financing/ Investments
The private placement of edotco Shares to KWAP was completed
18 Apr 17
Financing/ Investments
edotco entered into a Share Subscription Agreement with Kumpulan Wang Persaraan (Diperbadankan) (“KWAP”) for the subscription by KWAP of 136,634,812 ordinary Shares in edotco (“edotco Shares”) at a cash consideration of USD100.00 million (equivalent to RM440.95 million).
20 Mar 17
Mergers/ Acquisitions
The Board of Directors of Idea Cellular Ltd approved the scheme of amalgamation of Idea and Vodafone India Limited and its wholly-owned subsidiary, Vodafone Mobile Services Limited with Idea (proposed merger).
27 Jan 17
Financing/ Investments
Completion of private placements of edotco Shares equivalent to USD300.0 million and USD200.00 million to INCJ and Khazanah. Shareholders’ Agreement between edotco Group, Axiata, INCJ and Khazanah to govern the parties’ relationship in edotco Group became effective.
18 Jan 17
Financing/ Investments
edotco Group and Axiata entered into the following agreements:
- Share Subscription Agreement between edotco and Innovation Network Corporation of japan (INCJ) on the subscription by INCJ of up to 546,539,249 ordinary shares of RM1.00 each in edotco Group (edotco Shares) at a cash consideration of up to USD400.00 million; and
- Share Purchase Agreement between Axiata and Mount Bintang Ventures Sdn. Bhd. (MBVSB), a wholly-owned subsidiary of Khazanah for the purchase by MBVSB of 273,269, 624 edotco Shares at a purchase consideration of USD200.00 million.
9 Jan 17
Expansion/ Restructuring
Axiata Digital completed the incorporation of Axiata Digital eCode Sdn Bhd to carry out the business of researching and developing internet services and mobile applications.
19 Dec 16
Mergers/ Acquisitions
Completion of the acquisition of additional 12.5% stake in edotco MM. edotco Group now holds 87.5% interest in edotco MM.
13 Dec 16
Financing/ Investments
Axiata and edotco Group entered into a binding term sheet with INCJ and Khazanah for private placement of edotco shares.
21 Nov 16
Expansion/ Restructuring
Dialog completed the incorporation of Dialog Business Services (Private) Limited to provide Business Process Outsourcing services including call centre.
17 Nov 16
Expansion/ Restructuring
edotco Labuan completed the incorporation of Edotco Towers (Bangladesh) Limited.
16 Nov 16
Mergers/ Acquisitions
Robi registered the Merger Filing with the Registry of Joint Stock Companies. Pursuant to the above and in accordance with the agreement, the merger of Robi with Airtel Bangladesh is effective.
9 Nov 16
Mergers/ Acquisitions
Robi obtained the extension from the High Court Division of the Supreme Court of Bangladesh for the registration of the Scheme of Amalgamation for the merger of Robi-Airtel Bangladesh with Registry of Joint Stock companies for a period of 4 weeks from 9 November 2016 to 9 December 2016.
7 Nov 16
Mergers/ Acquisitions
edotco Investments (Labuan) Limited (edotco Labuan), a wholly-owned subsidiary of edotco Group, entered into a Sale and Purchase Agreement with YSH Finance for the acquisition of 250,000 ordinary shares in the share capital of edotco Investments Singapore Pte Ltd, the parent company of edotco Myanmar Limited (edotco MM) representing 12.5% of the options over these shares, at a cash consideration of USD35.0 million.
31 Oct 16
Financing/ Investments
Celcom received the letter from the MCMC granting Celcom and Celcom Mobile the full settlement of spectrum fees amounting to RM816.75 million.
30 Sep 16
Development
Axiata’s new LTIP Axiata became effective after all required approvals obtained and compliance of the requirements pertaining to the new LTIP.
31 Aug 16
Mergers/ Acquisitions
High Court Division of the Supreme Court of Bangladesh approved the Scheme of Amalgamation for the merger of Robi with Airtel Bangladesh subject to certain conditions.
30 Aug 16
Development
Celcom received Letter of Offer from the MCMC in respect of the allocation of 2x10MHz of 900MHz and 2x20MHz of 1800MHz bands effective 1 July 2017.
29 Jul 16
Expansion/ Restructuring
Axiata completed the incorporation of Axiata Business Services Sdn Bhd to provide international carrier services, global communications products, managed information, communications and technology and Internet-of-Things.
24 Jun 16
Mergers/ Acquisitions
Robi and Bharti extended the agreement on the merger of Robi with Airtel Bangladesh until 26 September 2016.
15 Jun 16
Expansion/ Restructuring
XL received the ‘Dissolution Certificate’ from Labuan Financial Services Authority for its wholly-owned subsidiary companies, namely, GSM One (L) Limited (GSM One) and GSM Two (L) Limited (GSM Two).
26 May 16
Development
Axiata shareholders approved the establishment of Axiata’s new LTIP replacing the existing LTIP which will expire in April 2019. The new LTIP is for a period of ten years from the effective date of the LTIP.
9 May 16
Expansion/ Restructuring
XL entered into a Deed of Establishment with PT Indosat Tbk for the establishment of a joint venture, PT One Indonesia Synergy Tbk.
3 May 16
Expansion/ Restructuring
Axiata Digital completed the incorporation of VM Digital (Thailand) Co. Ltd., to operate telecommunications and all types of communication businesses.
11 Apr 16
Mergers/ Acquisitions
Completion of the acquisition of Ncell
24 Mar 16
Mergers/ Acquisitions
Completion of acquisition of edotco Pakistan (Private) by Axiata Investments (Labuan) Limited, a wholly owned subsidiary of Axiata.
17 Mar 16
Expansion/ Restructuring
WSO2.Telco Inc., a subsidiary of Axiata Digital, completed the incorporation of WSO2.Telco (Private) Limited in Sri Lanka to develop and provide support services to software technologies, products and solutions.
10 Mar 16
Development
XL shareholders approved the establishment by XL Long Term Incentive Plan (LTIP) 2016-2020 for eligible employees and Directors of XL at an Extraordinary General Meeting of Shareholders.
25 Feb 16
Expansion/ Restructuring
Axiata Digital completed the incorporation of AD Video Sdn Bhd to establish, maintain and operate internet-based multimedia services.
7 Feb 16
Mergers/ Acquisitions
Acquisition of entire issued and paid-up capital of Reynolds Holdings Limited (Reynolds) which in turn holds 80% equity interest in Ncell was approved by Axiata shareholders at an Extraordinary General Meeting.
01 Feb 16
Development
Celcom and Celcom Mobile received notices of spectrum reallocation from Malaysian Communications and Multimedia Commission (MCMC) for both the 900MHz and 1800MHz bands.
28 Jan 16
Mergers/ Acquisitions
Robi entered into an agreement with Bharti Airtel Holdings (Singapore) Pte. Ltd. (Bharti) for the merger of Robi with Airtel Bangladesh Limited (Airtel Bangladesh) on the terms set in the agreement and Companies Act 1994 of Bangladesh.
28 Jan 16
Expansion/ Restructuring
Landmark three-party agreement reached between Celcom, Telekom Malaysia Berhad and its subsidiary Packet One Networks (Malaysia) Sdn Bhd to offer converged mobile and fixed broadband services.
21 Dec 15
Mergers/ Acquisitions
Axiata Investments (UK) Limited, a wholly-owned subsidiary of Axiata entered into a sale and purchase agreement and other ancillary agreements with the parties for the acquisition of the entire issued and paid-up capital of Reynolds Holdings Limited for a total cash consideration of approximately USD1,365.1 million (equivalent to approximately RM5,907 million).
4 Dec 15
Mergers/ Acquisitions
edotco Group Sdn Bhd completed the acquisition of 75% equity interest in Digicel Asian Holdings Pte Ltd, the parent of Digicel Myanmar Tower Company Limited.
28 Oct 15
Financing/ Investments
PT XL Axiata Tbk, a 66.43%-owned subsidiary of Axiata listed on the Indonesia Stock Exchange (IDX) (formerly known as Jakarta Stock Exchange), announced its plan to establish the Sukuk Programme.
2 Oct 15
Mergers/ Acquisitions
edotco Group Sdn Bhd, a wholly-owned subsidiary of Axiata entered into a Share Purchase Agreement with Digicel Group Limited to acquire a 75% equity interest in Digicel Asian Holdings Pte Ltd., the parent of Digicel Myanmar Tower Company Limited.
4 Sep 15
Development
Celcom and MYEG are currently in the exploratory stage on the areas of collaboration between the Parties and has agreed to extend the MOU further for another period of 1 year.
7 Aug 15
Mergers/ Acquisitions
Adknowledge Asia Pacific Pte. Ltd., an 80% subsidiary of Axiata Digital Advertising Sdn Bhd, a wholly-owned subsidiary of Axiata Digital Services Sdn Bhd, which in turn is a wholly-owned subsidiary of Axiata Group Berhad, entered into a Sale and Purchase Agreement with Komli Media, Inc for the acquisition of the entire issued share capital of Komli Asia Holding Pte.Ltd. at a cash consideration of USD11.25 million.
24 Jul 15
Financing/ Investments
Axiata Digital entered into a Subscription and Stockholders’ Agreement with WSO2 and WSO2.Telco, Inc. for the subscription by Axiata Digital of the following shares in WSO2 Telco and to govern their relationships in WSO2 Telco.
4 Feb 15
Mergers/ Acquisitions
In relation to the entry by Axiata Investments (Labuan) Limited into the Sale and Purchase Agreement (SPA) for the acquisition of the entire issued share capital of edotco Pakistan (Private) Limited, the parties to the SPA agreed to extend the period to satisfy all conditions precedent of the SPA from 31 January 2015 to 31 May 2015.
19 Jan 15
Financing/ Investments
Axiata, through its wholly-owned subsidiary, Axiata Digital Advertising Sdn Bhd completed the subscription of its 80% stake in Adknowledge Asia Pacific Pte. Ltd. (“AAP”).
23 Dec 14
Financing/ Investments
PT XL Axiata Tbk completed the disposal of its 3,500 telecommunication towers to PT Solusi Tunas Pratama Tbk.
19 Dec 14
Mergers/ Acquisitions
AIL a wholly-owned subsidiary of Axiata, entered into a Sale and Purchase Agreement for the acquisition of the entire issued share capital of Edotco Pakistan (Private) Limited.
15 Dec 14
Expansion/ Restructuring
Axiata completed the incorporation of edotco Investments (Labuan) Limited, a private company limited by shares, under the Labuan Companies Act, 1990.
4 Dec 14
Financing/ Investments
ADA, a wholly-owned subsidiary of Axiata Digital Services Sdn Bhd which in turn is a wholly-owned subsidiary of Axiata, entered into a Subscription and Shareholders’ Agreement with Adknowledge International, Inc and Adknowledge Asia Pacific Pte Ltd (AAP) for the subscription of an 80% equity stake in AAP by ADA for a cash investment of up to USD9.0 million.
27 Nov 14
Expansion/ Restructuring
Dialog Axiata Tbk, an 83.32%- owned subsidiary of Axiata Group Berhad, completed the incorporation of Digital Holdings Lanka (Private) Limited, a private company limited by shares, under the Companies Act, No. 7 of 2007.
26 Nov 14
Expansion/ Restructuring
Axiata completed the incorporation of Axiata Digital Advertising Sdn Bhd (ADA), a private company limited by shares, under the Companies Act, 1965.
30 Sep 14
Financing/ Investments
XL entered into an Asset Purchase Agreement with PT Solusi Tunas Pratama Tbk for the disposal of 3,500 of its telecommunication towers at the consideration of IDR5.6 trillion. The disposal was completed on 23 December 2014.
2 Jul 14
Mergers/ Acquisitions
Axiata entered into an agreement with Samart Corporation Public Company Limited to dispose of its entire shareholding in SAMART i-Mobile representing 24.08% of the total issued and paid-up share capital of SAMART i-Mobile for a total gross consideration of BHT2,874.7 million. The disposal was completed on 30 July 2014.
20 Mar 14
Mergers/ Acquisitions
The proposed acquisition by XL of PT Axis Telekom Indonesia (Axis) was completed. Axis was further merged into XL as a single entity. The merger between XL and Axis was completed on 8 April 2014.
30 Jan 14
Expansion/ Restructuring
Axiata completed the incorporation of Axiata Digital Services Sdn Bhd, a private company limited by shares, under the Companies Act 1965.
20 Jan 14
Expansion/ Restructuring
Celcom extended the duration of the Network Collaboration Agreement (NCA) with DiGi Telecommunication Sdn Bhd for a further period of 3 years effective 18 January 2014 and the Parties will continue to carry on the intents and purposes of the network collaboration to realise its full benefits, as seen in the recent developments on network infrastructure collaboration.
22 Oct 13
Expansion/ Restructuring
Axiata announced key appointments in edotco Group, Axiata Group Chief Financial Officer, James Maclaurin vacates his post to move to a new strategic business unit, edotco, as Chief Executive Officer. Joining him were Nashad Emir and Thivanka Rangala, both internal talent from within the Group, as Chief Operating Officer and Chief Financial Officer. The appointments which took effect from 1 January 2014, were part of the Group’s Talent Management Programme, where identified talent is rotated and moved across OpCos for exposure and experience in different Axiata companies and markets.
18 Oct 13
Mergers/ Acquisitions
Celcom completed the divestment of its entire stake in Celcom Childcare Sdn Bhd to Early.
26 Sep 13
Mergers/ Acquisitions
XL entered into a conditional sale and purchase agreement with Saudi Telecom Company (STC) and Teleglobal Investments B.V., a 100%-owned subsidiary of STC, to purchase (or procure the purchase of) the entire issued share capital of PT Axis Telekom Indonesia, a 100%-owned subsidiary of STC, for a total cash consideration of USD865 million based on Axis’s 100% enterprise value (on a cash free and debt free basis).
2 Sep 13
Development
Celcom entered into a one-year Memorandum of Understanding with MY E.G. Services Bhd to jointly explore possible business opportunities and collaboration in the areas of e-Government services delivery and joint go-to-market for specific target market segments.
4 Jul 13
Expansion/ Restructuring
Celcom entered into a Master Collaboration Agreement with Altel Communications Sdn Bhd for the purpose of collaborating to develop, establish, build, operate and manage shared infrastructure for the provision of communication services in Malaysia.
16 May 13
Expansion/ Restructuring
XL entered into a joint venture with SK Planet Co Ltd and SK Planet Global Holdings Pte Ltd by incorporating a new limited liability company, PT XL Planet Digital Tbk.
13 May 13
Mergers/ Acquisitions
DBN, a subsidiary of Dialog, completed the acquisition of Sky Television and Radio Network (Private) Limited (Sky TV) at a consideration of SLR800 million (equivalent to USD6.35 million). In accordance with the SPA, Sky TV was amalgamated with DBN on 3 July 2013.
Dec 2012
Development
Celcom entered into a network collaboration with DiGi Tel to jointly implement the proposed long-term collaboration of sharing network infrastructure in Malaysia.
Dec 2012
Mergers/ Acquisitions
Axiata and its wholly-owned subsidiary, AIC entered into an SPA with Timeturns Holdings Limited to acquire Glasswool, the sole owner of Latelz (now known as Smart Axiata Co., Ltd). The operations of Hello and Latelz were merged as one combined entity, operating under the brand name ‘Smart’. On 19 February 2013, the acquisition and the transfer of Hello’s telecommunications business and assets were completed.
Dec 2012
Financing/ Investments
Dialog entered into an investment agreement for the acquisition of 26% equity interest in Digital Commerce Lanka (Private) Ltd. (Digital), after which Digital became an associate of the Group
Oct 2012
Expansion/ Restructuring
Robi, via Axiata Investments (Labuan) Limited, incorporated a new subsidiary, Bangladesh Infrastructure Company Limited (now known as edotco Bangladesh Co. Ltd), a public company limited by shares, under the Companies Act, 1994 of the Republic of Bangladesh.
Oct 2012
Expansion/ Restructuring
Axiata completed the incorporation of Axiata SPV3 Sdn Bhd (now known as edotco Group Sdn Bhd), a private company limited by shares, under the Companies Act, 1965.
Sep 2012
Others
Axiata was accorded the ‘Emas’ status by Bank Negara Malaysia for its inaugural issuance of a two year RMB1billion Sukuk.
Jul 2012
Financing/ Investments
Axiata successfully priced its inaugural issuance of a 2-year RMB1 billion Sukuk via its wholly-owned Malaysian incorporated special purpose vehicle, Axiata SPV2 Berhad. The Sukuk issuance is issued under Axiata’s Multi-Currency Sukuk programme with an aggregate nominal value of up to USD1.5 billion or its equivalent in other currencies.
Jun 2012
Expansion/ Restructuring
Hello completed the incorporation of Axiata Towers (Cambodia) Company Limited (ATC) (now known as edotco (Cambodia) Co., Ltd), a private company limited by shares to undertake activities and operations related to telecommunications infrastructure.
Jun 2012
Financing/ Investments
Etisalat, divested 9.1% of their shares in XL through an accelerated book build offering to institutional investors. This led to an increase in XL’s public float from 20.2% to 33.5%. XL continued its focus in the data business and invested further in end-to-end network and infrastructure, with more than 11,000 new BTS successfully installed in 2012.
Jun 2012
Expansion/ Restructuring
Axiata completed the incorporation of Axiata SPV2 Berhad, a public company limited by shares, under the Companies Act, 1965.
Jun 2012
Expansion/ Restructuring
ATC was granted a 30-year tower operating licence from the Government of Cambodia.
Feb 2012
Development
Axiata together with the Badminton Asia Confederation (BAC) and Total Sports Asia (TSA), announced the Axiata Cup, the world’s richest prize money team event of USD1 million.
Jan 2012
Development
Launched AYTP, a developmental scholarship for young Malaysians, going beyond academics. Axiata will be investing at least RM100 million towards the programme via the Axiata Foundation
Dec 2011
Mergers/ Acquisitions
Dialog entered into share purchase agreement with the shareholders of Suntel Ltd for the acquisition of the entire ordinary shares in issue in Suntel Ltd.
Nov 2011
Development
Celcom entered into a shareholders’ agreement with PLDT Global Corporation and PLDT Malaysia Sdn Bhd to collaborate in establishing MVNO services for the Filipino community in Malaysia.
May 2011
Mergers/ Acquisitions
The Group entered into an SPA with Telecommunication Company of Esfahan (MTCE) on the disposal of its entire shareholding in MTCE representing 49% of the total issued and paid up share capital in MTCE. The disposal was completed on 2 January 2013.
May 2011
Development
Dialog entered into a shareholders agreement with Firstsource Solutions Limited (FSL) for the establishment of a joint venture company for the provision of Information Technology Enabled and business process outsourcing services in Sri Lanka and also for the international market.
Apr 2011
Development
Celcom entered into a shareholders agreement with 23 other parties to form a consortium under the name of ‘Konsortium Rangkaian Serantau Sdn Bhd’ to implement an entry point project for the purpose of adding bandwidth capacity for Malaysia in anticipation of the increasing demand.
Feb 2011
Development
Celcom entered into an MoU with TM on a strategic collaboration to provide fixed and mobile solutions covering high speed broadband services via wholesale long term lease from Celcom’s network and MVNOs.
Jan 2011
Development
The first cohort of students were selected under the Axiata Young Talent Programme.
Jan 2011
Others
Axiata introduced a new landmark to the KL Sentral skyline, ‘Prisms by Axiata’, an 83 feet steel sculpture by renowned Malaysian sculptor, Ramlan Abdullah.
Dec 2010
Mergers/ Acquisitions
Axiata completed the sale of its entire stake of 18.9% in Samart to existing shareholders, Mr. Charoenrath Vilailuck and Mr. Watchai Vilailuck.
Aug 2010
Financing/ Investments
Celcom placed out RM4.2 billion nominal value unrated Sukuk with tenures ranging from five to ten years under a private offering to the Employees Provident Fund Board, CIMB Islamic Bank Berhad and Malayan Banking Berhad
Jun 2010
Development
Axiata and Celcom entered into an MoU with Digi Tel, a wholly owned subsidiary of DiGi and Telenor Asia Pte Ltd, a major shareholder of DiGi, to explore the viability of sharing network infrastructure.
28 Apr 10
Others
M1 changed its name to M1 Limited.
14 Apr 10
Financing/ Investments
Indocel reduced its shareholding in XL to 66.69% through the exercise of an international private placement of 19.8% in XL in order to increase public shareholding spread of XL shares.
8 Apr 10
Financing/ Investments
Axiata SPV1 issued USD300 million aggregate principal amount of 5.375% Notes Due in 2020 guaranteed by Axiata payable semi annually in arrears on 28 October each year commencing 28 October 2010 (Notes). The Notes were listed and quoted on the Stock Exchange of Hong Kong Limited on 29 April 2010 and the Labuan International Financial Exchange on 7 May 2010.
Mar 2010
Others
TMI changed its name to Axiata Group Berhad.
Mar 2010
Others
AxB launched their new identity carrying the Axiata logo, ‘the prism’ under a new name ‘Robi’.
Mar 2010
Mergers/ Acquisitions
With the completion of the merger between Spice and Idea, Axiata through TMI Mauritius and TMI India increased its stake in Idea to 19.1%
Feb 2010
Others
TMIC changed its name to Hello Axiata Company Limited.
Dec 2009
Others
- XL changed its name to PT XL Axiata Tbk.
- Celcom changed its name to Celcom Axiata Berhad.
Dec 2009
Mergers/ Acquisitions
Indocel increased its shareholding in XL to 86.49% pursuant to a rights issue.
May 2009
Others
TMIB changed its name to Axiata (Bangladesh) Limited.
Apr 2009
Others
Axiata unveiled its new brand identity.
Oct 2008
Mergers/ Acquisitions
TMI through TMI Mauritius increased its stake in Spice to 49% as a result of the mandatory general offer of Spice undertaken as part of the Spice-Idea merger, which has yet to be completed.
Sep 2008
Mergers/ Acquisitions
A.K. Khan & Company Limited and affiliates disposed its entire stake in TMIB, equivalent to 30% of issued and paid-up share capital, to NTT DoCoMo, INC.
Aug 2008
Mergers/ Acquisitions
TMI India through TMI Mauritius acquired a 14.99% stake in Indian cellular company Idea and announced a merger of Spice with Idea.
28 Apr 08
Financing/ Investments
TMI was listed on the Main Board of Bursa Malaysia Securities Berhad
25 Apr 08
Mergers/ Acquisitions
TMI was demerged from TM, resulting in the acquisition of 100% stake in Celcom and 51.0%stake in SunShare. TMI also acquired 16.81% and 49% additional stakes in XL and SunSharerespectively from Khazanah.
Dec 2007
Mergers/ Acquisitions
TMI, through TMIL, entered into a shareholders' agreement with Etisalat Indonesia in relation to the acquisition of 15.97% equity interest in XL by Etisalat Indonesia from Bella Sapphire Ventures Ltd.
Sep 2007
Mergers/ Acquisitions
Dialog acquired the remaining 10.0% of the total issued and paid-up share capital in Dialog TV, which resulted in Dialog TV becoming wholly-owned by Dialog.
Jul 2007
Financing/ Investments
Spice was listed on the Bombay Stock Exchange. Due to the issuance of new shares by Spice in its IPO, TMI state was reduced to 39.2%.
Jun 2007
Mergers/ Acquisitions
Indocel increased its shareholding in XL to 67.0% by a purchase of additional shares from AIF (Indonesia) Ltd.
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