Maxis Berhad ("maxis") : Proposed Investment In Digital Nasional Berhad ("proposed Investment")

Back Jun 20, 2024


Type Announcement
Subject OTHERS
Description Maxis Berhad ("Maxis") : Proposed Investment in Digital Nasional Berhad ("Proposed Investment")
We refer to the announcement dated 1 December 2023 in relation to the Proposed Investment. Unless otherwise defined, the definitions as set out in the announcement shall apply herein.

Maxis wishes to announce that:

1. the subscription of 100,000 new ordinary shares by Maxis Broadband in DNB at an issue price of RM1.00 each has been completed; and

2. the Share Subscription Conditions Precedent and Shareholder Advance Conditions Precedent have been fulfilled.

With the fulfilment of the said conditions precedent, the SSA becomes unconditional and parties to the SSA will now progress to the next stage of completing the Proposed Investment. Any further material development on the matter will be updated accordingly.

This announcement is dated 20 June 2024.


Announcement Info

Stock Name MAXIS
Date Announced 20 Jun 2024
Category General Announcement for PLC
Reference Number GA1-20062024-00048