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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS DIGI.COM BERHAD ("DIGI" OR "COMPANY") (I) PROPOSED MERGER; AND (II) PROPOSED EXEMPTION

DIGI.COM BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
DIGI.COM BERHAD ("DIGI" OR "COMPANY") (I) PROPOSED MERGER; AND (II) PROPOSED EXEMPTION

DIGI.COM BERHAD (“DIGI” OR “COMPANY”)

 (I)     PROPOSED MERGER OF CELCOM AXIATA BERHAD (“CELCOM”) AND DIGI (“PROPOSED MERGER”); AND

 (II)     PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS (“RULES”) FOR AXIATA GROUP BERHAD (“AXIATA”) AND PERSONS ACTING IN CONCERT (“PAC”) WITH IT, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING ORDINARY SHARES IN DIGI NOT ALREADY OWNED BY IT AND ITS PACs UPON COMPLETION OF THE PROPOSED MERGER (“PROPOSED EXEMPTION”)

(THE ABOVE ARE TO BE COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

 

We refer to our announcements dated 8 April 2021, 21 June 2021 and 24 November 2021 in relation to the Proposals.

On behalf of Digi, CIMB Investment Bank Berhad wishes to announce that on even date, we have submitted an application to the Securities Commission Malaysia to seek its approval for the Proposed Merger.

 

This announcement is dated 28 January 2022






Announcement Info

Company Name DIGI.COM BERHAD
Stock Name DIGI
Date Announced 28 Jan 2022
Category General Announcement for PLC
Reference Number GA1-28012022-00025




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