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Offer for M1 turns unconditional after Konnectivity achieves majority control

PC Lee
PC Lee • 2 min read
Offer for M1 turns unconditional after Konnectivity achieves majority control
SINGAPORE (Feb 16): The offer for M1 by Konnectivity has become unconditional in all aspects after the latter gained majority control of the telco.
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SINGAPORE (Feb 16): The offer for M1 by Konnectivity has become unconditional in all aspects after the latter gained majority control of the telco.

This comes after 28.6% shareholder Axiata Group tendered its entire stake in acceptance of the offer.

Konnectivity is the offer vehicle jointly owned by Keppel Corporation and Singapore Press Holdings (SPH).

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