Malaysian Telcos to Implement New Pricing Structure

Malaysian telcos, Celcom and Maxis, have announced plans to introduce a new pricing structure for their mobile services. The changes are aimed at providing customers with more flexibility and options for their mobile plans.

• Celcom will offer a new tiered pricing system, with three plans available: a basic plan priced at RM30, a mid-tier plan priced at RM50, and a premium plan priced at RM100.
• Maxis will introduce a new “Flexi” plan, which allows customers to choose their own data allowance and add-ons.

Sebi to Review Listing Rules

The Securities and Exchange Board of India (Sebi) has announced plans to review its listing rules for Indian companies. The review aims to ensure that the rules are aligned with international best practices and provide greater transparency for investors.

• Sebi will consider changes to the rules governing the disclosure of financial information and the appointment of independent directors.
• The review will also examine the use of technology to improve the efficiency of the listing process.

Jubilant FoodWorks to Expand Operations

Jubilant FoodWorks, the parent company of Domino’s Pizza in India, has announced plans to expand its operations in the country. The company aims to increase its store count by 20% in the next fiscal year.

• Jubilant FoodWorks will focus on expanding its presence in the southern and western regions of India.
• The company will also invest in digital marketing and technology to improve customer experience.

Ensurge Micropower ASA to Acquire Norwegian Wind Farm

Ensurge Micropower ASA, a Norwegian renewable energy company, has announced plans to acquire a wind farm in Norway. The acquisition is valued at approximately NOK 1.2 billion.

• The wind farm has a total capacity of 120 MW and is expected to generate enough electricity to power approximately 60,000 homes.
• The acquisition is expected to be completed by the end of the first quarter of 2024.