Malaysian telco giant Axiata buys 65% stake in Thai firm Suvitech

Malaysian telco giant Axiata buys 65% stake in Thai firm Suvitech

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

Axiata Business Services Sdn Bhd (ABS), a wholly-owned subsidiary of Malaysian telecom conglomerate Axiata Group Bhd, is acquiring a 65 per cent stake in Thai IT solution provider Suvitech for $11.05 million.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter