INCJ
Axiata's tower unit edotco gets US$100 mil from new investor KWAP
edotco now has the advantage of funding flexibility as well as the balance sheet capacity to continue to grow the business confidently and capitalise on potential acquisition opportunities
Axiata and edotco seal US$600 mil deal with INCJ and Khazanah
INCJ will be investing up to US$400 mil in new edotco shares while Axiata will be divesting US$200 mil of edotco shares to Khazanah
The deal may lift some pressure off edotco's IPO plan
