Corporate Updates - Bursa Malaysia
2026-02-20
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
Explanation of the corporate events: User Manual
| Date | Company | Event Details | Sector | Event Summary |
|---|---|---|---|---|
| 10 Feb, 2026 | Axiata Group Bhd | Axiata Group Bhd unveiled a three-year plan at its 2026 Analyst Day to drive shareholder value through portfolio optimisation, integration, and 5G rollout. CelcomDigi’s IT integration is 85% complete, while the XL Axiata–Smart merger in Indonesia is 73% done and on track for early 2026 completion. Frontier markets are stabilising, and 5G monetisation, including fixed wireless access, is a priority. Edotco monetisation is targeted for 2026, with Link Net divestment expected later. The group aims for over 10% annual dividend growth, a net debt-to-Ebitda below two times, and high single-digit annualised shareholder returns through FY2028. | TELECOMMUNICATIONS SERVICE PROVIDERS | Operation Updates |
| 13 Nov, 2025 | OCK Group Bhd | OCK Group Bhd is acquiring Edotco Group’s telecom tower operations in Laos and plans to construct 30 new tower sites there. Edotco Laos, established in 2019, provides build-to-suit and co-location services for telecommunications providers. Following the sale, Edotco will continue operations in Malaysia, Bangladesh, Pakistan, the Philippines, Cambodia, Sri Lanka, and Indonesia, managing about 33,904 towers and over 57,000 tenancies. Axiata owns 63% of Edotco, Khazanah Nasional 31.71%, and KWAP 5.29%. | TELECOMMUNICATIONS SERVICE PROVIDERS | Expansion Plan |
| 3 Sep, 2025 | Edotco Group Sdn Bhd | Edotco Group’s subsidiary Edotco Services Lanka received Sri Lanka’s first telecommunications infrastructure services licences from the national regulator, allowing it to provide passive and active infrastructure such as towers, poles, fibre, IBS and small cells. The move supports Sri Lanka’s digital transformation, with Edotco positioning to help bridge a 7,000-tower gap for 5G rollout as data demand quadruples by 2028, strengthening its role as a regional connectivity provider with over 58,000 towers across nine Asian markets. | TELECOMMUNICATIONS SERVICE PROVIDERS | Operation Updates |
| 13 Jun, 2025 | Axiata Group Bhd | Axiata Group has completed the sale of its Myanmar tower operations for a revised price of US$90 million (RM380.4 million), down from the originally proposed US$150 million. The sale was made through its 63%-owned unit, edotco Group Sdn Bhd, which sold its 87.5% stake in edotco Investments Singapore Pte Ltd to Hong Kong-based Zillion Tower Holdings Ltd. | TELECOMMUNICATIONS SERVICE PROVIDERS | Disposal |
| 3 Jun, 2025 | Edotco Group Sdn Bhd | Entered into a strategic partnership with US-based Sitetracker Inc to enhance its field operations through digital transformation across nine Asian markets. | TELECOMMUNICATIONS SERVICE PROVIDERS | Expansion Plan |
| 14 Mar, 2025 | Khazanah Nasional Bhd | Acquire Innovation Network Corporation of Japan’s (INCJ) 21% stake in Edotco Group for an undisclosed amount, increasing its shareholding to nearly 32%. | SOVEREIGN WEALTH FUND | Merger & Acquisition |
| 6 Mar, 2025 | Axiata Group Bhd | 63%-owned Edotco Malaysia Sdn Bhd has announced a series of collaborations aimed at accelerating 5G telecommunications infrastructure in Malaysia, including being selected as U Mobile Sdn Bhd’s 5G in-building coverage (IBC) infrastructure partner. | TELECOMMUNICATIONS SERVICE PROVIDERS | Operation Updates |
| 13 Dec, 2024 | Axiata Group Bhd | Macquarie Asset Management Pty Ltd has submitted a bid to buy Axiata Group Bhd’s telecommunications infrastructure unit, edotco Group Sdn Bhd, in a transaction that could value it at about US$3.5 billion. | TELECOMMUNICATIONS SERVICE PROVIDERS | Others |
| 8 Oct, 2024 | Axiata Group Berhad | Innovation Network Corp of Japan (INCJ) is reviving the sale of its 21% stake in telecommunications tower company Edotco Group Sdn Bhd. | TELECOMMUNICATIONS SERVICE PROVIDERS | Others |
| 13 Aug, 2024 | Axiata Group Bhd | 63%-owned tower company, Edotco Group Sdn Bhd, signed MOUs with Malaysia Digital Economy Corporation (MDEC) and Boost Holdings Sdn Bhd to boost Malaysia's digital economy. The MOU with MDEC includes offering advisory services and preferential rates for advanced digital infrastructure, including 4G and 5G connectivity, low-orbit satellites and smart city solutions. | TELECOMMUNICATIONS SERVICE PROVIDERS | Operation Updates |