• 23 May 2021
    Dhiraagu obtains a loan from HSBC
    Ref No: CS-GC/2021/PR-006

    Announcement
    The COVID-19 pandemic has heavily impacted the financial performance of the company and the availability of foreign currency in the country. Dhiraagu remains committed to continue creating value for customers and our communities by investing in resilient network infrastructure for the future of Maldives and to maintain essential telecommunication services.

    To ensure the Company has the means to continue investing in and enhancing services, Dhiraagu’s Board has approved for the Company to obtain a loan of US$ 8 million from the Hongkong and Shanghai Banking Corporation Limited for the Company’s capital expenditure requirements. While the digital transformation journey continues to accelerate, Dhiraagu remains committed ‘to enrich lives through digital services’ by investing in modern technology and innovative solutions to empower our communities and bring them closer towards a ‘Digital Raajje’.


    23 May 2021

    Issued by: Investor Relations Department
    Phone: 3311775/3311121
    Email: investor-relations@dhiraagu.com.mv


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