CelcomDigi faces RM272mil in DNB-related losses in 2027
KUALA LUMPUR: CelcomDigi Bhd is expected to recognise RM272 million in losses from Digital Nasional Bhd (DNB) in financial year 2027 (FY27), nearly five times the RM56 million projected for FY26, as the transfer of its stake in the 5G network operator nears completion.
CelcomDigi Bhd faces RM272 million in losses related to Digital Nasional Bhd (DNB) in the financial year 2027, nearly five times the RM56 million projected for FY26, as the transfer of its stake in the 5G network operator nears completion. CGS International, a financial firm, expects the transfer of shares from Minister of Finance Incorporated to CelcomDigi, YTL Power International Bhd, and Maxis Bhd to be completed in the fourth quarter of 2026, later than initially forecasted.
Following the transfer, CelcomDigi and the other shareholders will recognize their respective shares of DNB's losses in their profit and loss accounts under contributions from associates and joint ventures.
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