Stock Exchange
Announcement

Extension of Time to Comply With the Equity Condition Imposed By The Ministry Of Energy, Water and Communications ("MEWC") And For Digi Telecommunications Sdn Bhd To Comply With Its Licence Conditions

Back Mar 06, 2008
Type Announcement
Subject DiGi.COM BERHAD (“DiGi”)

EXTENSION OF TIME TO COMPLY WITH THE EQUITY CONDITION IMPOSED BY THE MINISTRY OF ENERGY, WATER AND COMMUNICATIONS (“MEWC”) AND FOR DiGi TELECOMMUNICATIONS SDN BHD TO COMPLY WITH ITS LICENCE CONDITIONS

Contents :

Reference is made to the announcement dated 1 December 2006.


On behalf of DiGi, CIMB Investment Bank Berhad wishes to announce that on 5 March 2008, we received a letter from the MEWC dated 4 March 2008 informing that the Minister of Energy, Water and Communications has given DiGi an extension of time of up to 30 June 2008 to comply with the equity condition of its licenses.

The extension of time of up to 30 June 2008 also applies to the deadline for Telenor Asia Pte Ltd to reduce its equity interest in DiGi to 49.0%, a condition that was imposed by the MEWC via its letter dated 12 July 2001.

This announcement is dated 6 March 2008.

 


Announcement Info

Company Name DIGI.COM BERHAD  
Stock Name DIGI    
Date Announced 6 Mar 2008  
Category General Announcement
Reference No MM-080305-59802

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