Stock Exchange
Announcement

Article Entitled: Telecom, Digi And Maxis Set To Get 3G Licence

Back Jan 07, 2002
Type Reply to query
Reply to Query Letter by KLSE reference ID HY-020104-41906
Subject Article entitled: Telecom, DiGi and Maxis set to get 3G licence

Contents :

We refer to the query on the above that was reported in the news article in Business Times, 4 January 2002 and the Company (or "DiGi") would like to make the following statements:-


"The Company is aware that the Government is taking pro-active measures to study the various options and approaches adopted by other countries in offering the 3G licenses. DiGi supports the Government's direction on 3G licensing and reiterates that our commitment to our customers remains steadfast in line with our core philosophy of "Connecting You to Your World".

The Company has as yet not received any official notification regarding the 3G spectrum award, and therefore we are unable to confirm the Business Times report dated 4 January 2002."

Query Letter Contents :

We refer to the above article appearing on Business Times, Friday, 4 January
2001, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which is reproduced as follows:-
"The Government has decided to award third generation (3G) mobile phone
spectrum licence to ..., DiGi.Com Bhd ..."
"...the Government may waive the RM50 million licence fee which was earlier
proposed to be payable in instalments."
"The companies have been told verbally but official notification has not yet
been made,..."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported sentences after due and diligent
enquiry with all the directors, major shareholders and all such other persons
reasonably familiar with the matters about which the disclosure is to be made
in this respect. In the event you deny the above reported sentences, you are
required to set forth facts sufficient to clarify any misleading aspects of the
same. In the event you confirm the above reported sentences, you are required
to set forth facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully

Inderjit Singh
Senior Manager, Listing Operations
IS/YYT/THY
Copy to : Securities Commission (via fax)


Announcement Info

Company Name DIGI.COM BERHAD  
Stock Name DIGI    
Date Announced 7 Jan 2002  
Category General Announcement
Reference No DS-020107-46059

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