Stock Exchange
Announcement

Extension of Memorandum Of Understanding Between Digi Telecommunications Sdn Bhd ("Digi Tel") & Telenor Asia Pte Ltd ("Telenor") And Celcom Axiata Berhad ("Celcom") (Formerly Known as Celcom (Malaysia) Berhad) & Axiata Group Berhad ("Axiata")(Digi Tel, Telenor, Axiata And Celcom, Shall Collectively Be Referred To Hereafter As "Parties")

Back Dec 10, 2010
Type Announcement
Subject DiGi.Com Berhad ("DiGi")
- EXTENSION OF MEMORANDUM OF UNDERSTANDING BETWEEN DiGi TELECOMMUNICATIONS SDN BHD (“DiGi Tel”) & TELENOR ASIA PTE LTD (“Telenor”) AND CELCOM AXIATA BERHAD (“Celcom”) (FORMERLY KNOWN AS CELCOM (MALAYSIA) BERHAD) & AXIATA GROUP BERHAD (“Axiata”)
(DiGi Tel, Telenor, Axiata and Celcom, shall collectively be referred to hereafter as “Parties”)
Contents Further to the announcement made on 10 June 2010 pertaining to the Memorandum of Understanding (“MoU”) entered into by the Parties to explore the viability of long-term collaboration of sharing network infrastructure in Malaysia, DiGi wishes to announce that the Parties to the MoU had on 10 December 2010 entered into a Memorandum of Extension to extend the duration of the MoU for a further period of three (3) months to finalize the feasibility study and agree on framework of the potential partnership.

The Parties are aiming towards entry into a binding agreement(s) or such other document(s) as may be agreed between the Parties by 31 January 2011.

This announcement is dated 10 December 2010.

 


Announcement Info

Company Name DIGI.COM BERHAD  
Stock Name DIGI    
Date Announced 10 Dec 2010  
Category General Announcement
Reference No CC-101210-45522

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