Annual Report 2010 - Axiata Group Berhad - Investor Relations

1994FeBrUarY 1994A joint venture agreement wasentered into between TMI andSunpower Systems (Private)Limited to set up dialog (thenknown as MTn).1996oCtoBer 1996TMIB (now known as robi)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 inMTn (now known as dialog)to TMI, which resulted indialog becoming whollyownedby TMI.1998MaY 1998TMI via TM purchased 51%o f C a m b o d i a S a m a r tCommunication CompanyLimited (Casacom) (nowk n o w n a s H A C L ) f r o mSamart.MaJorMilestones2005JanUarY 2005TMI through TMIL (now known asAIL) acquired the entire equityinterest of Indocel (now known asAxiata Indonesia), which had a23.1% equity interest in XL.FeBrUarY 2005TMI through TMIL entered into ashare sale agreement to acquire a78% stake in Multinet from nasserKhan Ghazi and Adnan Asdar.JUne 2005Indocel acquired an additional 4.2%equity interest in XL from roganPartners, Inc.JUlY 2005dialog was listed on the ColomboStock exchange.aUGUst 2005TMI, Khazanah and SunShare (nowknown as Axiata Singapore)entered into a joint venture andshareholders’ agreement toestablish SunShare as a jointventure company for the acquisitionof equity interest in M1.septeMBer 2005A restated joint venture andshareholders’ agreement wasentered into by SunShare, TMI,Khazanah and TM as a newparty to the earlier agreementto participate in the affairsof SunShare.septeMBer 2005XL was listed on the Jakarta Stockexchange (now known as theIndonesia Stock exchange).Notes:1. TMIL changed its name to Axiata Investments (Labuan)Limited (AIL) w.e.f. 28 June 20102. Indocel changed its name to Axiata Investments (Indonesia)Sdn Bhd (Axiata Indonesia) w.e.f. 6 July 20103. Sunshare changed its name to Axiata Investments(Singapore) Limited (Axiata Singapore) w.e.f. 4 June 2010pg 34