Digi, Axiata suspend trading, possible merger of Asian ops

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KUALA LUMPUR: Trading in Digi.com Bhd and Axiata Group Bhd’s securities was suspended from 9am on Monday for an announcement, which could see a possible merger of the Asian operations.

’s securities was suspended from 9am on Monday for an announcement, which could see a possible merger of the Asian operations.

Digi and Axiata announced the securities were suspended from 9am to 5pm pending the release of a material announcement. A news report said that Axiata are in talks with Norway's telco Telenor Group, which has a 49% stake in Digi.com, to possibly merge operations in Asia. ts president and group CEO Tan Sri Jamaludin Ibrahim will

 

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