KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has provided a first tranche financing in the form of a RM800mil receivables purchase arrangement (RPA) to Ericsson (M) Sdn Bhd.
UOB Malaysia, in a statement said this would enable Ericsson Malaysia to deliver the initial phases of Digital Nasional Bhd’s (DNB) nationwide 5G network rollout.
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