Celcom-Digi merger proposal formally received by MCMC


KUALA LUMPUR: The proposed merger between DiGi.Com Bhd (Digi) and Celcom Axiata Bhd (Celcom) has been formally received and is pending approval from the Malaysian Communications and Multimedia Commission (MCMC).

In a filing with Bursa Malaysia today, the telcos said Digi has engaged with MCMC to initiate the merger assessment process in accordance with the commission’s guidelines on mergers and acquisitions.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Crest Builder, EMCC, Yinson, Betamek, SSBB, George Kent, Kim Loong, AME Elite, Coastal Contracts, MNHB, Citaglobal
K-beauty tech revolution more than skin-deep
George Kent wins RM34.5mil LRT contract
Fifth straight week of buying by local institutions
Beshom focuses on cost control amid earnings dip
Vietnam’s wood processing industry targets US$15bil exports
More contract wins in the pipeline for SunCon
Shein ambitions survive French store uproar
Paramount eyes 10% ROE on asset optimisation
Fitch pushes Gabon’s rating deeper into junk

Others Also Read