(i) 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 ("Joint Venture"); And (ii) 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 Joint Venture ("Acquisition") (Collectively Referred To As "Corporate Exercises")

30 September 2024

Type Announcement
Subject OTHERS
Description TELEKOM MALAYSIA BERHAD ("TM")

(I) 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 ("JOINT VENTURE"); AND

(II) 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 JOINT VENTURE ("ACQUISITION")

(COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISES")

We refer to the announcements dated 18 June 2024, 24 June 2024 and 14 August 2024 in relation to the Corporate Exercises (“Announcements”). Unless otherwise defined, the definitions for capitalised terms as set out in the Announcements shall apply herein.

On behalf of the Board, Maybank IB wishes to announce that the Joint Venture has been completed today in accordance with the terms and conditions of the JVA.

This announcement is dated 30September 2024.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 30 Sep 2024
Category General Announcement for PLC
Reference Number GA1-27082024-00018