Last updated on August 23, 2025
KUALA LUMPUR: Maxis Bhd and CelcomDigi Bhd have each channelled an additional RM116.67 million in shareholder advances to Digital Nasional Bhd (DNB) via their respective subsidiaries, Maxis Broadband Sdn Bhd and Infranation Sdn Bhd.
In a filing to Bursa Malaysia, Maxis said the funds are intended to support DNB’s 5G operations and strengthen its financial position.
In a separate filing, CelcomDigi noted that the injection was made in line with the agreed proportions among DNB’s shareholders under the terms of the shareholders agreement.
Maxis added that the additional advance carries the same rights as ordinary shares in DNB, with each ringgit contributing one vote.
Based on the latest equity proportions, the Finance Ministry’s investment arm MoF Inc remains the largest shareholder with RM500.1 million in issued share capital and RM250.2 million in shareholder advances, totalling RM750.3 million, representing a 41.67% stake.
Meanwhile, Maxis, CelcomDigi and YTL Corporation each hold a 19.44% stake, amounting to RM350 million comprising RM133,333 in issued share capital, RM233.33 million in shareholder advances, and the new RM116.67 million injection.
