Stock Exchange
Announcement

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

Back Oct 07, 2022
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

DIGI.COM BERHAD ("DIGI" OR THE "COMPANY")

PROPOSED SUBSCRIPTION OF:

(I) 100,000 NEW ORDINARY SHARES IN DIGITAL NASIONAL BERHAD ("DNB") ("DNB SHARES"); AND

(II) UP TO 291,566,668 RIGHTS TO ALLOTMENT OF DNB SHARES,

COLLECTIVELY REPRESENTING UP TO 17.5% OF THE ENLARGED EQUITY INTEREST IN DNB BY DIGI TELECOMMUNICATIONS SDN BHD ("DIGITEL"), A WHOLLY OWNED SUBSIDIARY OF DIGI FOR A TOTAL CASH CONSIDERATION OF UP TO APPROXIMATELY RM291.67 MILLION ("PROPOSED SUBSCRIPTION")

On behalf of the Board of Directors of Digi, Kenanga Investment Bank Berhad wishes to announce that DigiTel, a wholly-owned subsidiary of Digi, had on 7 October 2022 entered into a conditional share subscription agreement with DNB for the Proposed Subscription (“SSA”).

 

Please refer to the attachment for the full announcement in relation to the Proposed Subscription.

 

This announcement is dated 7 October 2022.

 


Announcement Info

Company Name DIGI.COM BERHAD
Stock Name DIGI
Date Announced 07 Oct 2022
Category General Announcement for PLC
Reference Number GA1-07102022-00066

Attachments

  1. Digi_-_Announcement.pdf (Size: 278,952 bytes)

Connect with us

Our Email Alert system will automatically send you newly posted company announcements and news updates.

Email Alert

IR Contact

If you have any queries, please email us: invesrel@digi.com.my