TIME dotCom will retain remaining DiGi holding

Following the sale of a 2.9% stake in DiGi Telecommunications last week, Malaysian telco TIME dotCom (TdC) has announced that it is not planning to divest any more shares in the cellco. On 16 January TdC announced the sale of a 2.9% stake for MYR463.5 million (USD129.2 million) and it is understood that the shares had been sold to five local institutions.