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iipohbee
post Nov 17 2010, 01:39 PM

On my way
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Senior Member
603 posts

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We know that this company has not enough money to expand their broadband services to most Malaysians. Their Webbit was terminated, they were almost sold to STT. They sold off their 017 network to Maxis..

Question is how can this acquisition of Megawisra Sdn Bhd and Global Transit Ltd help out in realizing their expansion plans? Put it this way, they aim to be Malaysia's 2nd largest fixed line provider. All along Global Transit and Time were closely related. Even with or without the acquisition, things could also proceed as it be.

Is there some money circulation involvement going on here?
iipohbee
post Nov 17 2010, 01:48 PM

On my way
****
Senior Member
603 posts

Joined: Dec 2008
QUOTE(SKY 1809 @ Nov 17 2010, 01:43 PM)
They have 500m worth of DIGI shares plus cash in banks.

Are you talking about 5 to 10 years ago.

Plse go to their website to gather more information.
*
This comes from the selling of their assets in exchange for the deal with DiGi previously. Building new networks and expansion would mean a start over again initiative?

Take it this way. Say I have a property which is worth RM1m when I sell it now I wouldn't be able to buy something similar but to opt for something less.

500m is peanuts to build a new fixed line network that would rival TM's.
iipohbee
post Nov 17 2010, 08:41 PM

On my way
****
Senior Member
603 posts

Joined: Dec 2008
This sounds like another Maxis cat in the bag trick.

When we have Dr M coming out to give personal opinions on its relisting. He wouldn't come out to give free speech for no reason.Like they say no one does anything for nothing.

We all know someone's cash is stuck in there and he's just wanting to cash out.



 

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