Axiata Group Berhad (“Axiata”), Telenor Asia Pte Ltd (“Telenor”) and Digi.com Berhad (“Digi”) announced the completion of the merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi (together “Celcom Digi”). With this, Axiata and Telenor (together “Parties) will both hold equal ownership in Celcom Digi at 33.1 per cent each. On completion, Axiata received newly issued Digi shares representing 33.10 percent of the enlarged share capital of Digi, and a cash consideration...
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