Telecommunications

Ceres Telecom Sdn Bhd

For the telecommunications sector, Perangsang Selangor via its wholly-owned subsidiary, Perangsang Telco Sdn Bhd, holds a 34.35% equity stake in Ceres Telecom Sdn Bhd ("Ceres"). Ceres, a collaboration between Perangsang Selangor and Virgin Mobile MEA, provides mobile voice and data telephony services, launched its first pre-paid mobile service under the Friendi mobile brand in mid-September 2013