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KUALA LUMPUR: Axiata Group Bhd’s 75.43 per cent-owned subsidiary, Boost Holdings Sdn Bhd, and RHB Bank Bhd had subscribed 85 million new shares in Boost Bhd for RM85 million cash on Nov 3, 2023.
Boost Holdings Sdn Bhd, the financial technology arm of Axiata Group Bhd, and RHB Bank Bhd have executed share subscription agreements (SSA) to jointly subscribe to 100 million shares in newly incorporated Boost Bhd for RM100mil cash.