KUALA LUMPUR (Sept 18): Shares -0.9% to RM4.57 after deal for unit Tanzanite Tower to acquire Deodar was terminated due to non-fulfillment of conditions, especially regulatory approval for the resulting change of control in Deodar.
* Edotco Labuan won’t proceed with deal with DH Corp that was intended to partially fund Deodar acquisition, co. says in exchange filing
* Cos. are studying legal and financial implications of the deal termination
* NOTE: Veon Terminates Sale of Pakistan Tower Ops to Tanzanite