MIDF Research maintains ‘buy’ call for Axiata on Indonesia’s Link Net acquisition | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

KUALA LUMPUR, Jan 28 — MIDF Amanah Investment Bank Bhd (MIDF Research) has maintained a ‘buy’ recommendation with unchanged target price of RM5.29 for Axiata Group Bhd on the back of a joint proposition to acquire Indonesia’s PT Link Net Tbk shares. The research house said...

KUALA LUMPUR, Jan 28 — MIDF Amanah Investment Bank Bhd has maintained a ‘buy’ recommendation with unchanged target price of RM5.29 for Axiata Group Bhd on the back of a joint proposition to acquire Indonesia’s PT Link Net Tbk shares.

Yesterday, Axiata Group and PT XL Axiata Tbk inked a conditional share purchase agreement to jointly acquire 66.03 per cent equity interest and carry out a mandatory tender offer for the remaining 33.97 per cent of PT Link Net Tbk shares for a total purchase sum of RM3.86 billion for a 100 per cent stake.

“Moreover, Axiata will benefit from Link Net’s strong cash flow profile and consistent dividend payouts,” it said in a note today.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 1. in RU

Россия Последние новости, Россия Последние новости