Axiata Group is worth a second look: Kenanga

Axiata Group is worth a second look: Kenanga

The Edge Markets - Malaysia·2019-10-01 12:29

KUALA LUMPUR (Oct 1):  A weakness in Axiata Group's share price after its failed merger with Norway's Telenor last month provides a buying opportunity backed by its increasingly efficient regional operations, Kenanga Investment Bank Bhd says. 

The Malaysian mobile-network operator could be considering new ventures that are earnings accretive and yield generating, the broker adds. 

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