05-07-2007: Maxis, TM may be spared from cutting stake in Indonesian units

Telekom Malaysia Bhd (TM) and Maxis Communications Bhd may have escaped having to cut their respective stakes in their Indonesian investments.
Indonesia announced yesterday a cap on new foreign investment in parts of the transport, property and fast-growth telecoms sectors in the name of protecting national interests. [more, theedgedaily.com]