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Major Milestones1994February 1994A joint venture agreement wasentered into between TMI andSunpower Systems (Private)Limited to set up Dialog(then known as MTN).1996October 1996T M I B w a s i n c o r p o r a t e d i nBangladesh as a joint venturecompany between A.K.Khan & Co. Ltd.and TM.November 1996Sunpower Systems (Private)Limited divested its stake in MTN(now known as Dialog) to TMI,which resulted in Dialogbecoming wholly-ownedby TMI.1998May 1998TMI via TM purchased 51.0% ofCambodia Samart CommunicationCompany Limited (Casacom)(now known as HACL) fromSAMART.2005January 2005TMI through TMIL acquired theentire equity interest ofIndocel, which had a2 3 . 1 % e q u i t yinterest in XL.February 2005TMI through TMIL entered into ashare sale agreement to acquirea 78% stake in Multinet fromNasser Khan Ghazi andAdnan Asdar.July 2005Dialog was listed on the ColomboStock Exchange.August 2005TMI, Khazanah and SunShareentered into a joint venture andshareholders’ agreement toestablish SunShare as a jointventure company for theacquisition of equityinterest in M1.September 2005A restated joint venture andshareholders agreement wasentered into by SunShare, TMI,Khazanah and TM as a new partyto the earlier agreement toparticipate in the affairsof SunShare.June 2005Indocel acquired an additional4.2% equity interest in XL fromRogan Partners, Inc.September 2005XL was listed on the JakartaStock Exchange (now known asthe Indonesia Stock Exchange).Axiata Group Berhad • 030