Digi signs conditional share subscription for equity in DNB

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Entered a conditional SSA with DNB for 100,000 new ordinary shares
Upon fulfillment conditions to have 12.5% equity stake in DNB  The board of directors of Digi.Com Berhad (Digi) announced in a filing to Bursa Malaysia that Digi Telecommunications Sdn Bhd (DigiTel) has entered into a conditional share subscription agreement (SSA) with…Continue Reading

Malaysian mobile operators execute share subscription agreements with DNB

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MNOs expected to make 5G services available to users from Oct 2022
DNB continues to work towards 80% coverage of populated areas by 2024 Finally. Malaysia’s Digital Nasional Bhd (DNB) announced yesterday that four mobile network operators (MNOs) – Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd, YTL Communications Sdn Bhd (YES), and…Continue Reading

Clock ticking down on US debt time bomb

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TOKYO – As milestones go, the US national debt surging past the US$31 trillion mark is especially personal for Haruhiko Kuroda and Yi Gang. The leaders of the Bank of Japan (BOJ) and People’s Bank of China (PBOC), respectively, run the overseas institutions sitting on the largest stockpiles of US government bonds. Japan has $1.23 […]

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Global margin call hits European debt markets

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Risk gauges in Germany’s government debt market rose last week to levels higher than recorded in the 2008 world financial crash, as margin calls forced the liquidation of derivatives positions held by banks, insurers and pension funds. Big institutional investors that spent the past ten years insuring their portfolios against falling interest rates now face […]

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