Afzal: ‘This is a goodwill gesture.’
PETALING JAYA: TIME Dotcom Bhd
(TDC) has no plans to dispose of the remaining 1.75% stake it holds in DiGi.Com Bhd and will keep it for the time being, according to its chief executive officer, Afzal Abdul Rahim.
“Our core business at TDC is generating healthy profits with cash flow that give us sufficient headroom to reinvest. We see this stake in DiGi as additional to our requirements, and thought it was best to return the funds to our shareholders via a dividend-in-specie exercise,'' he told StarBiz yesterday.
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