August 5, 2009
PT Excelcomindo to raise RM1.05b via rights issue
AXIATA Group Bhd said its Indonesian unit PT Excelcomindo Pratama Tbk (XL) will embark on a rights issue to raise US$300 million (RM1.05 billion) to reduce debt and preserve its financial flexibility. Axiata will fully take up its portion as a major shareholder. It holds 83.8 per cent of XL.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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