Others

Back Jan 30, 2018
Type Announcement
Subject OTHERS
Description

DIGI.COM BERHAD ("DIGI") - ACCEPTANCE OF OFFER FOR THE REISSUANCE OF 2100MHZ SPECTRUM BAND TO DIGI TELECOMMUNICATIONS SDN BHD

Digi wishes to announce that its wholly-owned subsidiary, Digi Telecommunications Sdn Bhd (“DigiTel”) has accepted an offer from the Malaysian Communications and Multimedia Commission (“MCMC”) granting DigiTel the reissuance of its 2100MHz spectrum assignment at 2x15MHz band for a period of 16 years effective from 2 April 2018, at the price component payment of RM118,400,000 being made in one lump sum before 1 February 2018 and annual fixed fee payment of RM50,000,000 payable before 15 December throughout the assignment period.

DigiTel has today paid to MCMC the price component fee of RM118,400,000 in one lump sum.

This announcement is dated 30 January 2018. 





Announcement Info

Company Name DIGI.COM BERHAD
Stock Name DIGI
Date Announced 30 Jan 2018
Category General Announcement for PLC
Reference Number GA1-19012018-00067