Mercury Securities
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Earn MS Coin when you trade with MST28. Check out MST28.
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Get FREE real time quotes on our website & App. Check out MST28.
Open Trading Account
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


DiGi.Com Berhad ("DiGi" or "the Company") Article entitled : "Deal in sight for Time dotCom"

DIGI.COM BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDMN-070723-51081
SubjectDiGi.Com Berhad ("DiGi" or "the Company")
Article entitled : "Deal in sight for Time dotCom"

Contents :

With reference to your letter dated 23 July 2007 and the query contained therein with regard to the article appearing in the Edge page 1, on Monday, 23 July 2007, the Board wishes to state that in general, DiGi and its major shareholder Telenor ASA are continuously in business development discussions and assessing possibilities for strategic partnerships with various parties in the market to enhance our business.


DiGi will make the necessary announcements if and when significant developments materialise.

This announcement is dated 24 July 2007.

Query Letter Contents :

We refer to the above article appearing in The Edge, page 1, on Monday, 23 July
2007, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-
"... the structure of the deal involves Time dotCom's wholly-owned subsidiary,
TTDotcom, taking up a 5 % stake in DIGI. In return, DIGI would be given
exclusive rights for use of the coveted 3G spectrum owned by TTDotcom."
"... Khazanah buying a block of shares in DIGI from Telenor ASA, DiGi's parent
company."
In accordance with Bursa Securities' Corporate Disclosure Policy, you are
requested to furnish Bursa Securities with an announcement for public release
confirming or denying the above reported article in particular the underlined
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 or any other part of the article, 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 or any other part of the
article, you are required to set forth facts sufficient to support the same.



Page 2/-

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


JOHAN ABDULLAH
Head
Listing Division
Group Regulations
CFT/LMN
cc: Mr. Chung Tin Fah
Securities Commission (via fax)



Announcement Info

Company NameDIGI.COM BERHAD  
Stock Name DIGI    
Date Announced24 Jul 2007  
CategoryGeneral Announcement
Reference NoC&-070724-58657





Close