| Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | ZO-010713-60444 |
| Subject | ARTICLE ENTITLED :"Telekom sells Thai unit to Shin Corp" |
We wish to inform that an announcement has been sent to the Exchange regarding the divestment of Telekom Malaysia Berhad Group's investment in Digital Phone Company Limited, on 13 July 2001 at 19:07:03 (Reference No : TM-010713-C3C3C).
We refer to the above news article appearing on the website of The Edge on
Friday, 13 July 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 believed to have sold its 49 per cent interest in
Thailand's mobile telecommunication services group Digital Phone Company Ltd
for over RM400 million to its Thai partner.
"... Thailand's largest telecommunication group, Shin Corp, which owns a 48 per
cent stake in DPC through a subsidiary ... is believed to have signed an
agreement with Telekom in the Thai capital to acquire the DPC shares."
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,
major 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.
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 | 13 Jul 2001 |
| Category | General Announcement |
| Reference No | TM-010713-0A27B |