Maxis defers seeking shareholders’ nod for 5G agreement with DNB
Maxis Bhd announces it it will postpone seeking its shareholders’ approval on the entry into a 5G access agreement with Digital Nasional Bhd. – EPA pic, January 20, 2023.
Maxis, the only major mobile network operator that has yet to execute the AA for 5G service, said it would wait until the government had finalised the 5G implementation policy. “Accordingly, the board of directors of Maxis believes it is prudent to postpone the seeking of shareholders’ approval until after the implementation policy is finalised.
On November 2, 2022, Maxis announced that in accordance with the Companies Act 2016 and Bursa Malaysia’s Main Market Listing Requirements, it was mandatory for the company to seek its shareholders’ approval to enter into the AA with DNB.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thai court orders Malaysian businessman deported to China | The Malaysian InsightPutrajaya fails in extradition request for Teow Wooi Huat.
Read more »
Tech industry veteran Mital praises DNBPETALING JAYA: While telco carriers around the world are shedding their 5G infrastructure owing to the high capital cost, the idea of Digital Nasional Bhd (DNB) has been highly praised by tech industry veteran Amit Mital.
Read more »
Wanted Malaysian businessman Tedy Teow to be deported to China, Thai court ordersBANGKOK: A Thai court on Wednesday (Jan 18) ordered that wanted Malaysian businessman Tedy Teow Wooi Huat be extradited to China to face charges in connection with fraud, though Malaysia too had filed an extradition request.
Read more »
Ministry official among 3 held in bribery probe | The Malaysian InsightThey are suspected of receiving large sums of gratification from project contractors on a monthly basis.
Read more »