MNOs execute share subscription agreements with DNB

KUALA LUMPUR: Celcom Axiata Bhd, Digi Telcommunications Sdn Bhd, YTL Communications Sdn Bhd and Telekom Malaysia Bhd (TM) have executed share subscription agreements (SSA) to take up equity stakes in Digital Nasional Bhd (DNB).

In a statement issued by DNB, it said the four MNOs will have a subscription of 65% equity in DNB with 12.5% stake each held by Celcom Axiata and Digi and 20% stake each owned by YTL Communications and TM.