Axiata moves to centralise its treasury

Growing Asian telco Axiata will benefit from a centralised treasury, says the company's head of group corporate finance Reza Abdul Rahim.
Reza Abdul Rahim
Reza Abdul Rahim

Axiata is one of emerging Asia's telco success stories. The Kuala Lumpur-based company has grown impressively in recent years, launching a successful initial public offering of its Indonesian subsidiary Axiata XL this March and posting record revenues of $3.7 billion last year, up 8.8% compared to 2008.

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