DNB Completes RM5.2 Bln Financing, Unlocking Next Phase of Malaysia’s 5G Growth

KUALA LUMPUR, Oct 1 — Digital Nasional Bhd (DNB) has completed RM5.2 billion syndicated Islamic term financing exercise, marking a significant step in its evolution as Malaysia transitions to the next phase of its dual 5G network framework.

In a statement today, DNB said the financing strengthens its long-term financial position and facilitates the planned exit of MOF Inc. as ordinary shareholder and the transition to equal ownership among its mobile network operator (MNO) shareholders, expected in early fourth quarter 2026.

The MNO shareholders include CelcomDigi Bhd through Infranation Sdn Bhd (CelcomDigi), Maxis Broadband Sdn Bhd (Maxis) and YTL Power International Bhd (YTL), it said.

It said MOF Inc. will retain a special share in DNB to safeguard national interests, ensuring continued stewardship of key strategic matters while enabling the company to advance its next phase of development.