KUALA LUMPUR: CelcomDigi Bhd
and Maxis Bhd have made payments to acquire portions of Minister of Finance (Incorporated)’s stake and shareholder advances in Digital Nasional Bhd (DNB) under a shareholders agreement involving major telecommunications players.
In separate filings with Bursa Malaysia, CelcomDigi said it had on March 6, 2026 paid RM327.87mil pursuant to a put notice issued by MoF Inc., in accordance with the shareholders agreement dated June 28, 2024, which was later varied on May 13, 2025.
Following the payment, the proportionate number of shares owned by MoF Inc. will be registered in the name of CelcomDigi in accordance with the terms of the agreement.
CelcomDigi will also assume its proportionate share of the MoF Inc. loan, together with accrued interest and additional shareholder advances amounting to RM161.17mil, which forms part of the option price.
Separately, Maxis said its subsidiary Maxis Broadband Sdn Bhd had also paid RM327.87mil in cash to acquire the agreed proportion of MoF Inc.’s ordinary shares in DNB, the remaining MoF Inc. loan together with accrued interest, as well as additional shareholder advances.
