KUALA LUMPUR, Oct 19 (Bernama) – The government’s financial exposure to Digital Nasional Bhd (DNB) has been reduced to zero following the completion of its RM5.2 billion financing facility, with the company expected to be fully self-financed going forward, Communications Minister Datuk Seri Fahmi Fadzil said.
Business : Govtâs Financial Exposure To DNB Now Zero, No Further Assistance To Be Given â Fahmi
DNB, 5G, Government liability, Fahmi Fadzil
Key takeaways
Government's financial exposure to DNB is now zero, with no further assistance planned, as DNB becomes self-financed.
- Government no longer has liability for DNB as of September.
- DNB secured RM5.2 billion financing from five banks.
- DNB is expected to be fully self-financed moving forward.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by New Straits Times
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
3 stories on this topic from 3 sources, oldest first.
- Free Malaysia Today US warns foreign financial institutions not to do business with Iran
- Bernama Business : Govtâs Financial Exposure To DNB Now Zero, No Further Assistance To Be Given â Fahmi (this story)

%2Ffile%2Fattachments%2Forphans%2Fwan1_257384.png&w=480&output=webp&q=85&we)
