Cash-strapped KNM Group Bhd, which announced a default on three credit facilities totalling RM417.6 million earlier this month, has triggered another default, this time on the principal repayment of US$3.4 million (RM15.04 million) with an outstanding interest of US$16,104 due to Bank of China (Malaysia) Bhd.
The Bank of the Philippine Islands (BPI) announced that it recently signed two term loan facility agreements to finance the landmark sale of PLDT Inc.’s (PLDT’s) telecom towers to two leading international tower operators. ComWorks Infratech Corp. (CIC) and ISOC edotco Towers, Inc. (ISOC edotco), were the winning bidders in…
KUALA LUMPUR (April 21): The recently announced tower acquisition by Axiata Group Bhd's 63%-owned tower company edotco an early mover advantage in the nascent and growing independent tower market in the Philippines, according to Moody's Investors Services as it affirmed the group's issuer Baa2 issuer rating, with outlook remaining stable.
Moody s affirms Axiata s Baa2 ratings; outlook stable thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.