Dhiraagu re-registered as public limited company

Telecommunications company Dhiraagu has re-registered as a public limited company (Plc).

The company actively took the name Dhivehi Raajjeyge Gulhun Plc, however it will continue to use the brand name Dhiraagu.

Dhiraagu is one of the largest telecommunications companies in the Maldives, along with Wataniya. It is also one of the country’s most profitable companies.

On 24 August this year, the Maldivian government revealed a plan to turn over one-third of its shares in Dhiraagu to the public. The sale was expected to generate Rf 1.46 billion (US$95 million).