Digital Nasional Berhad (DNB) has completed a RM5.2 billion financing exercise as it moves into the next phase of Malaysia’s 5G development.

The financing comes as the nation’s first 5G network has secured a new long-term spectrum assignment, while the government (via MOF Inc) will exit as an ordinary shareholder.

CelcomDigi, Maxis and YTL are expected to hold equal ownership in DNB. Transition is expected to be completed in early Q4 2026, however, MOF Inc. will retain a special share.

DNB completes RM5.2 billion financing

DNB said it has completed a RM5.2 billion Syndicated Islamic Term Financing exercise, which it described as among the largest syndicated loan facilities ever arranged for an unlisted company in Malaysia.