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Telenor's Offer In DiGi Successfully Closed

Telenor has successfully closed their partial takeover in DiGi, the Malaysian telecommunications company having received an acceptance total of 483 million shares, as stated by Telenor. With 210,500,000 shares on offer, this gives Telenor a maximum of 61 per cent ownership of the company. Prior to the offer Telenor held 32.9 per cent of the outstanding shares. DiGi is Malaysia's third largest mobile operator with more than 1 million mobile subscribers.