Fibre and Towers

OCK eyes tower unit spin-off

Malaysian infrastructure operator OCK Group is considering a spin-off listing of its tower business on a foreign stock exchange by 2020, according to the company’s managing director Sam Ooi Chin Khoon in an interview with The Edge Malaysia.

OCK has a regional presence with more than 3,500 towers in three markets: Vietnam, Myanmar and Malaysia. Once its tower portfolio reaches the 5,000 mark, by next year at the earliest, OCK’s regional business will be big enough to be spun off from the group, according to Ooi.

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