Inside Edotco's RM2 billion towering battle
Tis' the season for monetising infrastructure at breakneck speed.
Shipping this out first thing in the wee hours since it’s something scoop-y.
I’ll never understand why on earth I chose to remain in this field.
Someone remarked that the media business is like running an airline: a ton of output for negligible input.
I scoffed at first. But it’s getting to me, I must say. Getting old, guys, getting old.
Today we have a news break: the sale of Edotco is down to three bidders, and a short primer on other gov-owned infrastructure up for sale.
It has been quite the productive week over at this tiny corner of the internet. Some ICYMIs:
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Now, the sale of Axiata’s tower arm Edotco has always been an on-off affair, to the point that I gave up taking any headline of a sale or IPO seriously – a boy-cry-wolf moment.
But it seems this time round things are different: there’s a concerted push for a buyer, people familiar with the matter tell The Malaysianist.