Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) and China Broadband, Ltd. have separately submitted first-round offers, said the people, who asked not to be identified because the discussions are confidential. Bahrain Telecommunications Company BSC (BAX:BATELCO) and private equity funds have also made non-binding bids, the people said. M1 Limited's largest owners Axiata Group Berhad (KLSE:AXIATA), Keppel Telecommunications & Transportation Ltd (SGX:K11) and Singapore Press Holdings Limited (SGX:T39) appointed Morgan Stanley to help explore options including a sale of the telecom operator, according to March filings.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
2.72 MYR | -0.37% | +6.67% | +14.29% |
Apr. 25 | Axiata, Sinar Mas Reportedly Move Closer to $3.5 Billion Telco Merger in Indonesia | CI |
Apr. 25 | Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg says | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
6.09 CNY | 0.00% | -3.79% | 3.64B | ||
0.506 BHD | 0.00% | +0.20% | 2.22B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+14.29% | 5.23B | |
+2.32% | 195B | |
-1.19% | 119B | |
+23.66% | 71.66B | |
-2.36% | 58.24B | |
+0.64% | 23.35B | |
+8.40% | 15.94B | |
-8.99% | 15.86B | |
+3.96% | 9.51B | |
-16.88% | 8.96B |
- Stock Market
- Equities
- AXIATA Stock
- News Axiata Group
- Batelco Said To Be Among Bidders For M1