Type | Announcement |
Subject | DiGi.COM BERHAD (“DiGi”) PROPOSED ALLIANCE BETWEEN 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 CREDITED AS FULLY PAID-UP TO TDSB OR ITS NOMINEES; AND - PROPOSED JOINT BUSINESS PLANNING EXERCISE BETWEEN THE PARTIES (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
On behalf of DiGi, we wish to announce that the Parties have today accepted the conditional approval of the Suruhanjaya Komunikasi dan Multimedia Malaysia in accordance with the terms of the Definitive Agreement dated 25 January 2008 between the Parties.
Company Name | DIGI.COM BERHAD |
Stock Name | DIGI |
Date Announced | 11 Apr 2008 |
Category | General Announcement |
Reference No | MM-080411-66898 |