Maxis Private Placement Raises RM1.7 billion


Further to its earlier statement, Maxis announced that the book-building exercise for the issuance of 300 million new Maxis shares under the private placement to investors has been completed. It attracted demand from both local and foreign institutional investors with the book being oversubscribed. The issue price was fixed at RM5.52 per placement share, representing a discount of approximately 6% to the closing price of Maxis on 16 June 2017. The proceeds raised from this fund-raising exercise is approximately RM1,656 million. This new equity will strengthen Maxis Group’s financial position and will give flexibility to fund future spectrum assignment fees and growth strategy. We expect the private placement to be completed by the end of July 2017.

Please refer to the Bursa Malaysia statement here:



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Maxis offers three-month free access on Hotlink Postpaid 60 plans for healthcare frontliners

As the nation journeys through a recovery phase of Covid-19 and life under the new normal, the efforts and dedication of healthcare frontliners have still not gone unnoticed. Recognising their needs of essential connectivity, Maxis is offering a promotion dedicated for healthcare workers across 86 public and private hospitals nationwide with a three-month free access for its Hotlink Postpaid 60 plan. Each activated SIM card comes with 10GB data, plus free 10GB for YouTube, and unlimited calls and SMS to all networks.

Paul McManus

Maxis identified as a Technology Solutions Provider by MDEC to help SMEs restart their businesses

Maxis has been identified as a Technology Solutions Provider (TSP) by the Malaysia Digital Economy Corporation (MDEC) for the RM500 million SME Digitalisation Grant under Budget 2020.

Gokhan Ogut

Bringing out the best in us

It’s been nearly three months since Malaysia stepped into a new realm of life and business, and as the entire nation works together hand in hand to flatten the Covid-19 curve, I applaud the Government’s efforts in ensuring the safety and wellbeing of the people. The announcement of all the Economic Stimulus Packages very early on to cushion the impact on the livelihoods of Malaysians, were timely in the hope of bringing much relief to the people. We remember especially those who have lost their lives – our thoughts and prayers are with their loved ones.