| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ALLIANCE BETWEEN DIGI.COM BERHAD ("DIGI"). DIGI TELECOMMUNICATIONS SDN BHD ("DIGI TELECOM"), TIME DOTCOM BERHAD AND TT DOTCOM SDN BHD ("TDSB") (COLLECTIVELY THE "PARTIES") WHICH INVOLVES THE: - PROPOSED TRANSFER OF THE SPECTRUM ASSIGNMENT NO. SA/01/2006 OVER THE FREQUENCY BANDS OF 1965MHZ-1980MHZ , 2155MHZ-2170MHZ AND 2010MHZ-2015MHZ TO DIGI TELECOM TO BE SATISFIED VIA THE ISSUANCE OF 27,500,000 NEW ORDINARY SHARES OF RM0.10 EACH IN DIGI ("DIGI SHARES") CREDITED AS FULLY PAID-UP TO TDSB OR ITS NOMINEES AT AN ISSUE PRICE OF RM23.80 PER SHARE REPRESENTING A TOTAL CONSIDERATION OF RM654.5 MILLION , DETERMINED BASED ON THE FIVE (5)-DAY VOLUME WEIGHTED AVERAGE MARKET PRICE OF DIGI SHARES UP TO AND INCLUDING 9 NOVEMBER 2007 (ADJUSTED FOR SPECIAL GROSS DIVIDEND WITH THE ENTITLEMENT DATE OF 9 NOVEMBER 2007 OF RM1.00 PER DIGI SHARE) UNDER A DEFINITIVE AGREEMENT DATED 25 JANUARY 2008; AND - PROPOSED JOINT BUSINESS PLANNING BETWEEN THE PARTIES |
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 26 Feb 2008 |
| Category | Document Receipt |
| Reference No | JM-080226-35550 |
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