Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | CONDITIONAL SHARE SUBSCRIPTION AGREEMENT BETWEEN INFRANATION SDN BHD ("CELCOMDIGI"), A WHOLLY-OWNED SUBSIDIARY OF CELCOMDIGI BERHAD (FORMERLY KNOWN AS DIGI.COM BERHAD) ("CDB"), MINISTER OF FINANCE (INCORPORATED) ("MOF INC.") AND DIGITAL NASIONAL BERHAD ("DNB") |
CDB wishes to announce that its wholly-owned subsidiary, CelcomDigi had on 1 December 2023 entered into a conditional share subscription agreement with MoF Inc. and DNB ("SSA") to subscribe for new ordinary shares in DNB ("DNB Shares") and provide shareholder advances to DNB ("Proposed Shareholder Advance", together with the Proposed Subscription and Proposed Acquisition, "Proposed Transaction") in accordance with the terms as set out in the SSA.
Please refer to the attachment for the full announcement in relation to the Proposed Transaction.
This announcement is dated 1 December 2023.
Please refer attachment below. |
Company Name | CELCOMDIGI BERHAD |
Stock Name | CDB |
Date Announced | 01 Dec 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-08082023-00042 |
Attachments