Maxis Injects RM202 Million into DNB to Support 5G Expansion and Spectrum Acquisition
KUALA LUMPUR, April 30 — Maxis Berhad has reinforced its role in Malaysia’s 5G rollout through its wholly owned subsidiary, Maxis Broadband Sdn Bhd, by extending an additional RM202 million in shareholder advances to Digital Nasional Berhad (DNB).
In a filing with Bursa Malaysia, the telecommunications group clarified that the advance is interest-free, not repayable on demand, and carries voting rights equivalent to those of ordinary shareholders within DNB.
The company noted that each ringgit contributed under the additional advance entitles the contributor to one vote, potentially influencing the governance structure of DNB as it continues to oversee Malaysia’s nationwide 5G infrastructure deployment.
The funding is intended to support DNB’s operational requirements, particularly in acquiring additional spectrum and sustaining the ongoing rollout of 5G services. This move is viewed as a strategic effort to strengthen Malaysia’s digital backbone and accelerate its transition into a high-tech, data-driven economy.
Maxis also reassured investors that the additional funding is not expected to materially impact its financial metrics for the financial year ending 2026, including earnings per share, net assets per share, and overall gearing.
From a shareholding perspective, Ministry of Finance Incorporated (MoF Inc) remains the largest stakeholder in DNB, holding a 31.18 per cent stake following a total contribution of RM750.30 million.
Meanwhile, major telecommunications players — CelcomDigi Berhad, Maxis Broadband, and YTL Communications Sdn Bhd — each hold a 22.94 per cent stake, with total contributions of approximately RM552.03 million per entity.
In a separate disclosure, CelcomDigi confirmed that it has also extended an additional RM202 million to DNB under the same shareholder advance arrangement, reflecting a coordinated industry effort to support 5G infrastructure development.
However, MoF Inc did not participate in this latest funding round due to its earlier exercise of a put option in December 2025, which has since been fully settled by the contributing shareholders.
The additional funds will be utilised by DNB to settle upfront spectrum fees and meet working capital requirements, ensuring the continuity and efficiency of 5G deployment across the country.
This collective financial commitment highlights the telecommunications sector’s ongoing support for Malaysia’s digital transformation agenda, with the expansion of 5G services expected to drive innovation, connectivity, and economic growth in the years ahead.
-wilayah.com.my
