7 Ramadhan 1433
KUALA LUMPUR: Tycoon T. Ananda Krishnan is selling up to 375 million shares worth around RM2.35bil in the country's largest mobile phone operator Maxis Bhd, according to a source familiar with the deal.
The shares were being priced at a range between RM6.21 and RM6.34 per share, the source said, representing a 3%-5% discount to the closing price of RM6.54 yesterday.
Officials at Maxis were not immediately available for comment. Ananda, Malaysia's second-richest man, has been selling some of his assets.
More Information: thestar online