KL Market

AXIATA - Axiata Group Berhad News

• 07-Sep-2010 - TM decides to sell Measat shares for RM252.1mil
  PETALING JAYA: Telekom Malaysia Bhd (TM) has decided to accept the general offer (GO) for Measat Global Bhd at RM4.20 a share.
  
  
• 05-Sep-2010 - TM: No decision on Measat GO
  PETALING JAYA: Telekom Malaysia Bhd (TM) has yet to decide whether to take up the RM4.20 per share cash offer for its 15.39% stake in satellite operator Measat Global Bhd by Measat Global Network Systems Sdn Bhd (MGNS).
  
  
• 29-Aug-2010 - Effective cost management boosts Celcom Axiata profit
  KUALA LUMPUR: Celcom Axiata Bhd made a profit after tax and minority interests (PATAMI) of RM476mil for its second quarter ended June 30, up 30% from a year earlier, boosted by effective cost management, focus on operational efficiency and increasing subscribers.
  
  
• 27-Aug-2010 - Axiata CFO to quit in November
  KUALA LUMPUR: Axiata Group Bhd said its group chief financial officer Datuk Yusof Annuar Yaacob will be leaving at the end of November. Yusof will join Goldman Sachs as managing director and chairman of Goldman Sachs Corporate Finance Malaysia. ? Reuters
  
  
• 26-Aug-2010 - Axiata commits to pay investors at least 30% of earnings
  KUALA LUMPUR: Axiata Group Bhd, which posted a 9.5% increase in profit after tax and minority interest (patami) to RM576.8mil for the second quarter ended June 30 on improved contributions from its operating companies, intends to pay at least 30% of earnings as dividends from next year.
  
  
• 25-Aug-2010 - Telekom Q2 net profit within expectations
  PETALING JAYA: Despite recording a lower net profit in its latest quarter, analysts said Telekom Malaysia Bhd's (TM) results were largely within expectations because operationally its earnings did not decline much.
  
  
• 24-Aug-2010 - TM first half profit rises on higher revenue
  KUALA LUMPUR: National telecommunications services provider Telekom Malaysia Bhd's (TM) net profit surged 25.1% to RM367.3mil for the six months ended June 31, 2010, compared with RM293.7mil in the previous corresponding period, on higher revenue for data and Internet and favourable foreign exchange gain.
  
  
• 22-Aug-2010 - Celcom sukuk placement yield to be market-driven
  PETALING JAYA: Celcom Axiata Bhd expects the yield of its RM4.2bil unrated sukuk placement to three institutional subscribers to be market driven.
  
  
• 19-Aug-2010 - Celcom Axiata unit issues RM4.2bil sukuk
  KUALA LUMPUR: Celcom Axiata Bhd has successfully placed out RM4.2bil nominal value unrated sukuk under a private offering as part of an internal exercise to streamline Celcom's business functions and to establish a network-centric entity.
  
  
• 18-Aug-2010 - Full impact from Thai bid on Axiata unclear
  KUALA LUMPUR: The full impact on Axiata Group Bhd from a possible joint bid for 3G mobile licences in Thailand has yet to be ascertained, but the group's cashflow and dividend capability may be affected if it is successful in securing the licences.