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Announcement

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

Back Jun 20, 2024

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description CONDITIONAL SHARE SUBSCRIPTION AGREEMENT ("SSA") BETWEEN INFRANATION SDN BHD ("CELCOMDIGI"), A WHOLLY-OWNED SUBSIDIARY OF CELCOMDIGI BERHAD ("CDB"), MINISTER OF FINANCE (INCORPORATED) ("MOF INC.") AND DIGITAL NASIONAL BERHAD ("DNB")

We refer to the Announcement dated 1 December 2023 in relation to the Proposed Transaction (“2023 Announcement”). Unless otherwise defined, the definitions set out in the 2023 Announcement shall apply to this Announcement. This Announcement is to be read together with the 2023 Announcement.

CDB is pleased to announce that its wholly-owned subsidiary, CelcomDigi has confirmed that all the conditions precedent under the SSA have been fulfilled, and CelcomDigi will proceed to complete the Proposed Transaction in accordance with the terms and conditions of the SSA, including the signing of the Shareholders’ Agreement.

This announcement is dated 20 June 2024.

 


Announcement Info

Company Name CELCOMDIGI BERHAD
Stock Name CDB
Date Announced 20 Jun 2024
Category General Announcement for PLC
Reference Number GA1-20062024-00026

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