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A New Player for DiGi?

The Goldman Sachs Group Inc has increased its stake in DiGi.Com Bhd after acquiring 2.05 million shares representing a 0.27% shareholding, in the open market recently.

Filings with Bursa Malaysia showed that the shares were acquired on April 19, 21 and 25. After the acquisitions, The Goldman Sachs Group owns 42.13 million shares or a 5.62% stake in the telecommunications company.

DiGi closed 15 sen higher to RM9.90 on April 19, 80 sen up to RM10.30 on April 21 and unchanged at RM10.90 on April 25.

Comment:

Note: Based on previous reports and news, Telenor MUST reduces its stakes in DiGi before end of this year. Ruling by the Commision, the stakes MUST bee reduced to below 50%..

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