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UOB Malaysia provides RM800 mil in first tranche of financing to Ericsson Malaysia for initial rollout of nationwide 5G network

KUALA LUMPUR (Oct 28): United Overseas Bank (M) Bhd (UOB Malaysia) has announced that the bank has provided a first tranche financing in the form of an RM800 million receivables purchase arrangement (RPA) to Ericsson (Malaysia) Sdn Bhd (Ericsson Malaysia), which will enable the latter to deliver the initial phases of Digital Nasional Bhd (DNB)’s nationwide 5G network rollout. ....

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