KUALA LUMPUR: DIGI.COM BHD [] is expected to distribute about RM509 million to its shareholders by the first half of 2012 under the proposed capital distribution.
It said on Tuesday, its unit DiGi Telecommunications Sdn Bhd had issued 100,000 redeemable preference shares (RPS) to DiGi.
The RPS will be redeemed by DiGiTel on March 7, 2012. Upon redemption of the RPS, DiGi will receive about RM509 million and is expected to distribute such amount (less expenses) to DiGi shareholders by the first half of 2012.
It said on Tuesday, its unit DiGi Telecommunications Sdn Bhd had issued 100,000 redeemable preference shares (RPS) to DiGi.
The RPS will be redeemed by DiGiTel on March 7, 2012. Upon redemption of the RPS, DiGi will receive about RM509 million and is expected to distribute such amount (less expenses) to DiGi shareholders by the first half of 2012.
