Come celebrate the festive season with Maxis Biggest Sale! For the month of December 2019 until 29 February 2020, Maxis and Hotlink customers can enjoy awesome promotions on smartphones, with even more deals to come. Literally Maxis’ biggest sale for the year, there is something for everyone!
Proposed Private Placement Of New Ordinary Shares In Maxis, At An Issue Price To Be Determined Later
As announced to Bursa Malaysia this afternoon, Maxis plans to issue 300 million new Maxis shares under a private placement to investors, which will be carried out via a book-building exercise today. The precise terms and conditions for the placement shares will only be determined upon completion of the book-building exercise. We expect the private placement to be completed by end of July 2017.
The equity fund-raising exercise is expected to strengthen Maxis Group’s financial position and will give us the flexibility to fund our future spectrum assignment fees and growth strategy.
Further announcement will be made upon conclusion of the book-building exercise later today.
Please refer to the Bursa Malaysia statement here: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5463885
Upon approval from Malaysian Communication and Multimedia Commission (MCMC) to trial 200MHz of 3.5GHz C-band spectrum, Maxis successfully achieved 2.96Gbps for single user peak speeds, recording a new high at two of its trial sites in Subang Jaya recently. The new record further reinstates the position of Maxis being in the forefront of technology leadership for the nation’s 5G development.
Maxis and Allo Technology Sdn. Bhd. (Allo), a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB), will collaborate to provide greater access to fibre connectivity to more people and businesses in Cyberjaya and Bangsar South in the Klang Valley and Jasin in Malacca. Maxis and Allo today signed and exchanged an Access Agreement for the provision of High Speed Broadband (HSBB) Network Services