This was despite earlier assurances from digital minister Gobind Singh Deo that the findings would be shared by the end of May.

“I think you are aware that the directors have just been appointed to the board and are currently reviewing the due diligence report that has been given to them,” Gobind told reporters after the launch of the DNB X Shopee event today.

“They will have to go through the report and come back to us with a response by June 21.”

He said the appointment of a DNB CEO is also not being considered at the moment because of the ongoing review.

“The question of appointing a CEO hasn’t been raised yet, and it’s not something they’re looking into at the moment,” he said in response to a query about when the new CEO will be appointed.

Gobind had previously said that after sharing the due diligence findings with the government, the DNB board would have 20 days to propose recommendations for “the way forward with the rolling out of 5G”.

He also said the board members would work towards fulfilling the remaining conditions and finalising the share subscription agreements (SSA) signed on Dec 1 last year.

Five mobile network operators entered into SSAs with DNB and  Minister of Finance Incorporated (MoF Inc) – CelcomDigi, Maxis, Telekom, U Mobile, and YTL Communications.

The SSAs were established to implement the government’s policy on the transition from a single wholesale network model to a dual network model, a shift made in May last year.