Telco operator XL Axiata (EXCL) divested 1.92 million shares of PT Princeton Digital Group Data Centres (PDGDC) to Princeton Digital Group (Indonesia Alpha) Pte Ltd for Rp90.86 billion value. It also issued 1.4 million new shares to Princeton Digital Group (Indonesia Alpha) Pte Ltd. After the transaction, EXCL holds 30% shares in PDGDC while Princeton Digital Group (Indonesia Alpha) Pte Ltd controls 70%.
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