Axiata Group

SINGAPORE (Sept 3): Khazanah Nasional was formed in 1993 as a strategic investment fund of the government of Malaysia. Its stated objectives are to “hold-manage select commercial assets of the government, undertake strategic investments on behalf of th

SINGAPORE (July 14): RHB is maintaining its “neutral” call on M1 with a target price of $2.05.

SINGAPORE (April 27): A coal producer based in China’s Shanxi province and China Broadband Capital are among bidders for US$1.4 billion ($2 billion) Singapore wireless carrier M1, according to people with knowledge of the matter.

SINGAPORE (April 18): DBS expects an offer price range of between $2.23-2.74 per share if M1’s possible takeover scenario is realised.

SINGAPORE (March 24): When news broke a week ago that M1’s top three shareholders were “conducting a strategic review” of their respective stakes in the mobile network operator.

SINGAPORE (March 20): M1 on Friday saw its share price surge by 8% before trading was suspended, ahead of an announcement of a strategic review by shareholders Axiata Group, Keppel Telecommunications & Transportation (Keppel T&T), and Singapore Press Hold

SINGAPORE (March 17): The three biggest shareholders of M1 are mulling a disposal of their respective stakes in Singapore's smallest telco.

SINGAPORE (Dec 27): RHB is keeping its “neutral” call on M1 with lower target price of $2.05 given the emergence of TPG Telecom, dubbed a “potentially disruptive but likely rational” fourth mobile player by the research house.