Goldman Sachs buys 37.8m DiGi shares, giving it 5.34% stake
Via BizNewswdb:
Goldman Sachs International has emerged as a substantial shareholder in DiGi.Com Bhd after it acquired 40.08 million shares in early April.
Filings to the stock exchange showed that Goldman Sachs acquired 37.8 million shares or 5.04% from the open market on April 6. It also acquired 1.5 million shares on April 7 and 775,100 shares on April 10.
With the acquisitions, its total shareholding stands at 5.34% comprising 40.08 million shares.
The datuk who missed it will be pissed.
Comments
can you imagine what will happen to digi share price if it were to offer unlimited broadband access at a rate cheaper than streamyx? the current monthly rate is at rm99. what do you suppose will happen if digi were to lower it to perhaps rm50 or rm60?
Posted by: Freddy![[TypeKey Profile Page]](http://www.jeffooi.com/nav-commenters.gif)
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April 20, 2006 09:14 AM
The speeds that DiGi may be able to offer may not be able to compete with speeds offered by steamyx? What they may be able to offer are most stable connections and mobile broadband (as opposed to fixed). Maybe something that people are waiting for? Maxis plan to offer HSDPA which is considered broadband I think?
Posted by: Eman![[TypeKey Profile Page]](http://www.jeffooi.com/nav-commenters.gif)
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April 20, 2006 12:40 PM