The semiconductor equipment manufacturer Hosan Tech will be acquired by the Sinar Mas Group in Indonesia. The corporate value is around 200 billion won, and a stock purchase agreement (SPA ...

KUALA LUMPUR: Axiata Group Bhd and Sinar Mas have signed two letters of intent (LOI) to explore a series of strategic collaborations. In a statement, Axiata said the first LOI outlines specific ...

The Widjaja family’s wealth soared 75% to $18.9 billion, fueled by a sevenfold jump in shares of Dian Swastatika Sentosa, the energy-to-infrastructure unit of their Sinar Mas group. Now the ...

Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $ ...

[JAKARTA] Malaysia’s Axiata Group and Indonesia’s Sinar Mas Group announced a landmark US$6.5 billion merger of their Indonesian telecom units on Wednesday (Dec 11) to form XLSmart. The move ...

(XL Axiata pic) Malaysian wireless carrier Axiata Group Bhd and Indonesian conglomerate PT Sinar Mas Group are nearing an agreement to merge their telecommunications operations in Southeast Asia ...

(Bloomberg) -- Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group are nearing an agreement to merge their telecommunications operations in Southeast Asia ...

(Bloomberg) -- Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group are nearing an agreement to merge their telecommunications operations in Southeast Asia’s ...

Axiata Group and PT Sinar Mas Group are close to agreeing a merger agreement of their Indonesian mobile units. As reported by Bloomberg, Malaysian telco Axiata and Indonesian conglomerate Sinar Mas ...

Bloomberg reported Axiata Group and conglomerate Sinar Mas were finalising talks to merge their Indonesian mobile businesses, which would give XL Axiata the scale to better compete with the country’s ...

By establishing an ambitious joint venture, the alliance will integrate XtalPi's cutting-edge AI and robotics research capabilities with Sinar Mas Group's extensive industry reach, setting the stage ...