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.
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Other stock markets
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5-day change | 1st Jan Change | ||
2.85 MYR | -1.04% | +3.64% | +19.75% |
04-25 | Axiata, Sinar Mas Reportedly Move Closer to $3.5 Billion Telco Merger in Indonesia | CI |
04-25 | Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg says | RE |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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6.3 CNY | +3.62% | +1.61% | 3.61B | ||
0.511 BHD | -0.39% | +0.20% | 2.25B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+19.75% | 5.58B | |
+1.22% | 193B | |
+0.80% | 121B | |
+23.84% | 74.71B | |
-1.43% | 60.26B | |
-0.18% | 23.26B | |
+20.41% | 22.99B | |
-4.61% | 16.72B | |
+12.52% | 16.52B | |
+6.49% | 9.79B |
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