save malaysia!
DNB's chief executive officer has yet to be chosen, says Gobind
savemalaysia
Publish date: Tue, 25 Jun 2024, 09:40 PM
SUBANG JAYA: No chief executive officer has been chosen for Digital Nasional Bhd (DNB) yet, says Digital Minister Gobind Singh Deo.
He said that the latest development is that the share subscription agreements (SSA) were signed by certain parties last week.
Speaking to reporters after the launch of MydinPay held here on Tuesday (26 June), Gobind said that the decision about DNB’s CEO might be decided later as the SSA agreement process is ongoing to the end of this week.
On June 20, four telcos are set to complete the SSA with DNB, after all the conditions precedent under the agreement have been successfully met.
Under the terms of the SSA, the telcos will collectively acquire a 70% equity stake in DNB; this is a necessary prerequisite for a second 5G network.
“After that, the new directors will meet, and the question of the new CEO will be raised at this discussion," said Gobind.
He added that the issue of the appointment of the CEO is not discussed with him.
“This is an issue discussed between the directors of the DNB companies and that is the process they will go through after the (SSA) agreement process is completed,” said Gobind.
https://www.thestar.com.my/news/nation/2024/06/25/dnb039s-chief-executive-officer-has-yet-to-be-chosen-says-gobind
More articles on save malaysia!
Debate swirls on merits of RON92 comeback amid concern over impending petrol hike
Created by savemalaysia | Jun 29, 2024
Bersatu wants Speaker to declare six seats vacant immediately
Created by savemalaysia | Jun 29, 2024
Inclusivity is core to Malaysia's tourism strategy, says Tiong in apologising for deputy
Created by savemalaysia | Jun 29, 2024
Malaysia should tap into new global food product markets, says Mohamad Sabu
Created by savemalaysia | Jun 29, 2024
Water supply reconnected at Lily&Jasmine Apartments after MP steps in
Created by savemalaysia | Jun 29, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
3
Kenanga Research & Investment
4
RHB Investment Research Reports
5
Kenanga Research & Investment
6
BFM Podcast
7
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
