if dropped to 2.0 M1 becmoes asiata1.
False alarm: Malaysian telco Axiata denies claims of raising stakes in M1
But it is still a possibility in the future.As the threat of the fourth player looms over Singapore's telco trio, another bad news came for M1 Limited, as its supposed support from Axiata Group was belied by the latter's CEO.
In a report by Malaysia's Starbiz, Axiata CEO Tan Sri Jamaludin Ibrahim confirmed that there have been no talks between the two to increase Axiata's 28.57% stake in the telco.
?However, being one of the leading regional operators and a long-term investor in Asean and South Asia, we are always looking to consider any worthwhile opportunities in the region," Jamaludin was quoted saying.
?This is subject to the right timing and pricing, among other important criteria and whether they meet our strategic merger and acquisition (M&A) objectives,? he added.
Earlier reports stated that Anxiata was keen on increasing its stake in M1 as part of expansion plans in the region.
yikes.
I loaded m1 earlier this year at 2.66. Saw it plunge to 2.19 before recovering. Offload at 2.70. (but got the div).
now price looks quite yummy
I think the threat of new telco is very real. Invest and trade with care.
I think the threat of new telco is very real. Invest and trade with care.
queue to load at 2.38. See how.
omg 2.38
broke 2.4
below 2.40 will grab some
Got some at 2.43.
jeeped some at 2.44
False alarm: Malaysian telco Axiata denies claims of raising stakes in M1
But it is still a possibility in the future.
As the threat of the fourth player looms over Singapore's telco trio, another bad news came for M1 Limited, as its supposed support from Axiata Group was belied by the latter's CEO.
In a report by Malaysia's Starbiz, Axiata CEO Tan Sri Jamaludin Ibrahim confirmed that there have been no talks between the two to increase Axiata's 28.57% stake in the telco.
?However, being one of the leading regional operators and a long-term investor in Asean and South Asia, we are always looking to consider any worthwhile opportunities in the region," Jamaludin was quoted saying.
?This is subject to the right timing and pricing, among other important criteria and whether they meet our strategic merger and acquisition (M&A) objectives,? he added.
Earlier reports stated that Anxiata was keen on increasing its stake in M1 as part of expansion plans in the region.
criis to us is opportunities to others.
.
Malayisa' s asiatia is interested in raising the stake in M1.
BB may press the price cheap cheap so that they can increare the stake.
dont sell cheap hor.
..
Malayisa' s asiatia is interested in raising the stake in M1.
BB may press the price cheap cheap so that they can increare the stake.
dont sell cheap hor.
..
if a knee jerk effect, but anyway let see how the IDA will spoil the pie...hope don' t spoilt the CPF too. 
Now all telco shares price drop today, their pie being shared
