Announces proposed private placement of XL shares ... Axiata has proposed an international private placement of up to 1.7bn XL shares, representing 20% of XL’s issued share capital, to eligible institutional/sophisticated investors via a bookbuilding exercise. The selling price and final number of XL shares will be determined and announced after completion of the bookbuilding exercise.
Axiata Group Berhad : Raising XL’s Free Float-12/03/2010
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