Malaysia's Axiata, edotco enter $600m deal with Khazanah, INCJ

Malaysia's Axiata, edotco enter $600m deal with Khazanah, INCJ

A security officer guards in front of the Axiata headquarters building in Kuala Lumpur May 28, 2014. REUTERS/Samsul Said

Malaysian telco Axiata Group Bhd and its telecom infrastructure arm edotco Group Sdn Bhd have entered into a $600-million primary and secondary equity private placement deal with Japan-based Innovation Network Corporation of Japan (INCJ) and Malaysia’s sovereign wealth fund Khazanah Nasional Bhd.

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