Telcos Receive Option Price Of RM327 Million To Purchase DNB Shares From MOF
Telcos with shares in DNB today announced that they have received a Put Option notice from the Minister of Finance (Incorporated) under the terms of the Shareholders Agreement (SHA) dated 28 June 2025, as varied by a letter of variation on 13 May 2025.
The Put Option requires CelcomDigi, along with fellow Investor Shareholders Maxis Broadband Sdn Bhd and YTL Power International Berhad, to purchase MoF Inc.’s ordinary shares in Digital Nasional Berhad (DNB). The transaction also involves taking over the MoF Inc. loan, along with accrued interest and additional shareholder advances, proportionate to each Investor Shareholder’s shareholding.
The option price for each Investor Shareholder is RM327.87 million, with completion of the transaction expected within two months from the date of the Put Notice, which was received on 1 December 2025.
