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