Binariang owns more than 90% of Maxis
2 days ago it was reported that Binariang owns more than 75% of Maxis, now the share has been increased to more than 90%.
Binariang does not intend to maintain the listing status of Maxis, by gaining these new shares Binariang has breached the listed entity’s 25 per cent public spread criterion.
Maxis would be suspended from the Bursa Malaysia with effect from 9am on June 25.
Related topics on MalaysianWireless:
- Binariang rules Maxis
- Maxis to maintain mobile data revenue growth
- Maxis’s First Quarter 2007 results
- Maxis never a government-linked company
- Maxis will soon announce partner for PT Natrindo Telepon Seluler
- An Interview with Maxis
- Binariang bids for Maxis
- Maxis Sports TV: 3 Package
