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Legal & Regulatory
May 1
2006
Malaysian holding company
DiGi.Com, the parent of DiGi Telecommunications, has informed the stock
exchange that Goldman Sachs International has increased its stake in the
company by buying up 0.27% equity on the open market, taking its total
holding in DiGi.Com to 5.64%.
Goldman Sachs emerged as a substantial shareholder in the company after
buying a total of 40.08 million shares in three separate deals in early
April, equivalent to an equity stake of 5.34%.
The company said Goldman Sachs
bought 37.8 million shares or 5.04% from the open market on 6 April, a
further 1.5 million on 7 April and 775,100 on 10 April. Telenor of
Norway is DiGi.Com’s largest shareholder with a 61% stake.
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