Type | Announcement |
Subject | DiGi.COM BERHAD (“DiGi”) EXTENSION OF TIME TO COMPLY WITH THE EQUITY CONDITION IMPOSED BY THE MINISTRY OF ENERGY, WATER AND COMMUNICATIONS (“MEWC”) AND FOR DiGi TELECOMMUNICATIONS SDN BHD TO COMPLY WITH ITS LICENCE CONDITIONS |
On behalf of DiGi, CIMB Investment Bank Berhad wishes to announce that on 5 March 2008, we received a letter from the MEWC dated 4 March 2008 informing that the Minister of Energy, Water and Communications has given DiGi an extension of time of up to 30 June 2008 to comply with the equity condition of its licenses.
The extension of time of up to 30 June 2008 also applies to the deadline for Telenor Asia Pte Ltd to reduce its equity interest in DiGi to 49.0%, a condition that was imposed by the MEWC via its letter dated 12 July 2001.
Company Name | DIGI.COM BERHAD |
Stock Name | DIGI |
Date Announced | 6 Mar 2008 |
Category | General Announcement |
Reference No | MM-080305-59802 |