Type | Announcement |
Subject | OTHERS |
Description | INCORPORATION OF A WHOLLY OWNED SUBSIDIARY, TELEKOM MALAYSIA (AUSTRALIA) PTY LTD |
Telekom Malaysia Berhad (TM) wishes to announce that it has on 18 December 2013, incorporated a wholly-owned subsidiary company, Telekom Malaysia (Australia) Pty Ltd (TMA) under the Australian Corporations Act 2001 with an initial issued and paid-up share capital of AUD$2 comprising 2 shares of AUD$1 each.
The incorporation of TMA is part of TM’s expansion effort to cover Australasia and the Philippines markets. TMA will assume the role of TM’s regional sales office supporting sales requirements coming from Australia, New Zealand, the Philippines and the Pacific Islands. The incorporation of TMA has no material effect on the earnings and net assets of TM for the financial year ending 31 December 2013. None of the directors or major shareholders and/or persons connected to them has any interest, directly or indirectly, in the incorporation of TMA. This announcement is dated 18 December 2013. |
Company Name | TELEKOM MALAYSIA BERHAD |
Stock Name | TM |
Date Announced | 18 Dec 2013 |
Category | General Announcement |
Reference No | TM-131218-58432 |