| Type | Reply to query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | NS-110105-36335 |
| Subject | FORMATION OF TM SUB-COMMITTEE AND APPOINTMENT OF ADVISORS |
| Contents | We refer to the query from Bursa Malaysia Securities Berhad dated 5 January 2011, regarding the announcement issued by TM on 3 January 2011 on the above matter [Reference No.: TM-110103-59520], requiring TM to furnish the expected date of completion of the internal investigation carried out by TM on the alleged improper payments to TM employees. |
| Query Letter Content | We refer to your Company's announcement dated 3 January 2011 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. The expected date of completion of the internal investigation. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully TAN YEW ENG Head, Issuers Listing Division Regulation TYE/NZ c.c:- General Manager & Head, Market Surveillance Department, Market Supervision Buisness Group, Securities Commission (via fax) |
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Barring any unforeseen circumstances, and based on the terms of reference of the Board Sub-Committee (BSC) of the Board Audit Committee, the internal investigation is expected to complete within one month from the BSC’s inaugural meeting of 3 January 2011. Any extension thereto, if required, shall be at the discretion of the BSC.
Whilst the BSC endeavours to expedite the internal investigation to fulfil the requirements of transparency and public interest, full passage of time should be allowed in order to complete a proper investigation. |
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| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 6 Jan 2011 |
| Category | General Announcement |
| Reference No | TM-110105-3AEC3 |