Digital Nasional Berhad announced that it has signed a purchase agreement to issue 100,000 DNB shares at a price of MYR 1 per DNB share for gross proceeds of MYR 100,000 in an equity round of funding on December 1, 2023. The transaction will include participation from new investors YTL Power International Berhad, U Mobile Sdn Bhd, InfraNation Sdn. Bhd, Maxis Broadband Sdn Bhd, and Telekom Malaysia Berhadn, for 14% stake each in the company.

Celcomdigi Berhad, and Maxis Broadband Sdn Bhd will subscribe for 100,000 DNB shares at an issue price of MYR 1 for each DNB share for proceeds of MYR 100,000. The transaction is expected to close in the first quarter of 2024.