Keppel, SPH gain majority control in Singapore mobile operator M1

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

Malaysia’s Axiata Group, the largest shareholder in Singapore mobile operator M1 Ltd, has accepted a bid from Singapore investors that valued M1 at S$1.9 billion ($1.4 billion).

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