| Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | ZO-010316-59242 |
| Subject | ARTICLE ENTITLED :"Web Hosting boost for Telekom" |
"Telekom Malaysia Bhd is banking on its web application and hosting services to rake in some RM50 million in revenue this year compared to RM3 Million in 2000."
" 'We expect web hosting application to contribute about 10% to the division's revenue this year, ' said Baharum Salleh, COO of Telekom Multimedia Sdn Bhd, a division of the restructured Telekom group."
"The division's revenue may double to RM500 million this year from RM250 million last year."
We wish to confirm that the Company has set a target for one of its operating business division , Telekom Multimedia to achieve RM50 million in revenue from its web application and hosting services, being 10% of the total revenue expected to be achieved by Telekom Multimedia in 2001.
With the availability of applications and contents on the web to customers, it is anticipated that the revenue gain will increase significantly. This is based on the trend of year 2000 and the current market forecast.
We refer to the above news article appearing in The Sun , Sun Biz, page 2,
Friday, 16 March 2001, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-
"Telekom Malaysia Bhd is banking on its web application and hosting services to
rake in some RM50 million in revenue this year compared to RM3 million in
2000."
" 'We expect web hosting application to contribute about 10% to the division's
revenue this year,' said Baharum Salleh, COO of Telekom Multimedia Sdn Bhd, a
division of the restructured Telekom group."
"The division's revenue may double to RM500 million this year from RM250
million last year."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
substantial shareholders and all such other persons reasonably familiar with
the matters about which the disclosure is to be made in this respect. In the
event you deny the above sentences or any other part of the above reported
article, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentences or
any other part of the above reported article, you are required to set forth
facts sufficient to support the same, including the relevant basis and
assumptions in arriving at the above forecast.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
LISA LAM
Senior Manager, Listing Operations
LL/YYT/ZOOS
c.c. Securities Commission (via fax)
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TELEKOM |
| Date Announced | 19 Mar 2001 |
| Category | General Announcement |
| Reference No | TM-010319-1F3B7 |