DNB terminates share subscription agreement with TM

  • TM requested further extension, DNB turned this down without offering reason
  • Termination does not impact validity of completed SSAs with the four MNOs

Telco CEOs at the May 2023 signing of the Share Subscription Agreements with DNB.

Digital Nasional Bhd (DNB) announced, in a statement late Friday evening, that the conditions precedent longstop date for Telekom Malaysia Bhd (TM) with respect to the Share Subscription Agreement entered between DNB, Minister of…

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