24 June 2024
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | TELEKOM MALAYSIA BERHAD ("TM") (I) PROPOSED JOINT VENTURE BETWEEN TM DC EDUCITY SDN BHD AND NXERA MY PTE. LTD., AN INDIRECT SUBSIDIARY OF SINGAPORE TELECOMMUNICATIONS LIMITED, VIA ST DYNAMO DC SDN BHD ("PROPOSED JOINT VENTURE"); AND (II) PROPOSED ACQUISITION BY ST DYNAMO DC SDN BHD OF A FREEHOLD LAND LOCATED IN MUKIM OF PULAI, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR IN CONJUNCTION WITH THE PROPOSED JOINT VENTURE ("PROPOSED ACQUISITION") (COLLECTIVELY REFERRED TO AS "PROPOSALS") |
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We refer to the announcement dated 18 June 2024 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions for capitalised terms as set out in the Announcement shall apply herein. On behalf of the Board, Maybank IB wishes to announce that the valuation report dated 18 June 2024 prepared by Rahim & Co International Sdn Bhd in respect of the Land has been submitted to Bursa Securities today. This announcement is dated 24 June 2024. |
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| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 24 Jun 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24062024-00014 |