Pertama Digital Accelerates Its Position With Additional Stake In Dapat Vista

Pertama Digital is further entrenching its position in the digital space with latest proposed acquisition of additional equity on Dapat Vista from HeiTech Padu. Through its subsidiary, Television Airtime Services, Pertama will be exercising its contractual option to acquire a further 24% equity and has the right to acquire up to 60% before 2023.

This exercise is being accelerated 10 quarters before the deadline, upon which will see TAS increasing its ordinary shareholding to 80% while HeiTech becomes a 20% shareholder.

Sabri Ab Rahman, Pertama Digital’s Executive Director, said, “Although TAS is allowed another 2 years to complete the acquisition, we are executing our rights now to strategically take advantage of the global flight to digitalisation, with our region leading the trend.”

Listed on the Main Market of Bursa Malaysia Securities Berhad, Pertama Digital has multiple projects with the Malaysian Government, and also expanded into fintech. The company acquired a 51% stake in TAS last year, which is the holding company for Dapat, which in return owns and operates the government SMS portal mySMS, mobile payments app MyPay as well as eJamin, the world’s first smartphone court bail payment solution.

Most recently, Pertama Digital’s together with a consortium has applied for a digital banking license from Bank Negara Malaysia.


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