KUALA LUMPUR, Dec. 4 -- Digital Nasional Berhad (DNB), Malaysia's first 5G network, will soon transform into a fully private entity as the Ministry of Finance Inc (MoF Inc) has formerly exercised its Put Option to sell its remaining shares.

As reported earlier, the 3 remaining shareholders (CelcomDigi, Maxis and YTL) are expected to acquire the government's remaining shares in the 5G wholesale network.

Maxis and CelcomDigi confirmed in separate Bursa Malaysia filings on December 2, 2025 that they each received MoF Inc's Put Option notice on December 1, 2025, issued under the terms of the Shareholders Agreement (SHA) dated June 28, 2024, as varied on May 13, 2025.

According to both filings, MoF Incis exercising its contractual right und...