Proposed Internal Reorganisation Involving The Transfer By TM And Its Selected Wholly-Owned Subsidiaries Of Their Telecommunications Businesses In Malaysia To The Wholly-Owned Subsidiary Of TM, TM Technology Services Sdn Bhd (FORMERLY KNOWN AS WEBE DIGITAL SDN BHD) ("TM TECH"), By Way Of A Scheme Of Arrangement And Amalgamation Pursuant To The Companies Act 2016 ("PROPOSED INTERNAL REORGANISATION")

14 December 2022

Type Announcement
Subject OTHERS
Description TELEKOM MALAYSIA BERHAD ("TM" OR "COMPANY") PROPOSED INTERNAL REORGANISATION INVOLVING THE TRANSFER BY TM AND ITS SELECTED WHOLLY-OWNED SUBSIDIARIES OF THEIR TELECOMMUNICATIONS BUSINESSES IN MALAYSIA TO THE WHOLLY-OWNED SUBSIDIARY OF TM, TM TECHNOLOGY SERVICES SDN BHD (FORMERLY KNOWN AS WEBE DIGITAL SDN BHD) ("TM TECH"), BY WAY OF A SCHEME OF ARRANGEMENT AND AMALGAMATION PURSUANT TO THE COMPANIES ACT 2016 ("PROPOSED INTERNAL REORGANISATION")

On behalf of the Board of Directors of TM, CIMB Investment Bank Berhad wishes to announce that TM and theselected wholly-owned subsidiaries of the Company have, on 13 December 2022, entered into a conditional merger agreement with TM Techfor purposes of implementation of the Proposed InternalReorganisation.

Please refer to the attached file for further details of the Proposed InternalReorganisation.

This announcement is dated 14December 2022.

Please refer attachment below.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 14 Dec 2022
Category General Announcement for PLC
Reference Number GA1-13122022-00018

Attachments

  1. TM_-_attachment_(Proposed_Int_Reorg).pdf (Size: 546,864 bytes)