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PETALING JAYA, 23 July 2021 – Pertama Digital Berhad has announced that it is increasing its stake in govtech software company DAPAT Vista (M) Sdn Bhd. The firm position is taken by its subsidiary, Television Airtime Services Sdn Bhd (TAS), exercising its contractual option to acquire a further 24% equity in Dapat, from the other shareholder HeiTech Padu Berhad. Under the contract signed in 2019, TAS has the right to acquire up to 60% ordinary shares in Dapat until December 2023. This contractual right is being executed a full 10 quarters before the deadline. Before 2020, TAS was a 20% shareholder in Dapat while HeiTech held the remaining 80%. Completion of the acquisition will see TAS increasing its ordinary shareholding to 80% while HeiTech becomes a 20% shareholder.
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