Malaysian telco giant Axiata buys 65% stake in Thai firm Suvitech

A security officer guards in front of the Axiata headquarters buiding in Kuala Lumpur May 28, 2014. REUTERS/Samsul Said

Axiata Business Services Sdn Bhd (ABS), a wholly-owned subsidiary of Malaysian telecom conglomerate Axiata Group Bhd, is acquiring a 65 per cent stake in Thai IT solution provider Suvitech for $11.05 million.

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