Contents :
We refer to the Exchange's letter dated 26 June 2002 on the following news article appearing in The Star, Business section, page 3, on Wednesday, 26 June 2002 :
"TELEKOM Malaysia Bhd will make a mandatory general offer (GO) for Technology Resources Industries Bhd (TRI) at RM2.75 a share if the merger agreement between their cellular phone units can be worked out and signed before Oct 29, said Telekom Chief Executive Datuk Dr Khir Abdul Rahman."
Telekom Malaysia Berhad ("TM") wishes to clarify that, as announced on 25 June 2002, TM would have an obligation to undertake a mandatory general offer for the shares of Technology Resources Industries Berhad ("TRI") not owned by TM at not less than RM2.75 per share and announce the same under the Malaysian Code of Take-overs and Mergers ("Code"), if an agreement for the merger of TM Cellular Sdn. Bhd. and Celcom (Malaysia) Berhad under TRI is executed by 29 October 2002.
Query Letter Contents :
We refer to the above news article appearing in The Star, Business section,
page 3, on Wednesday, 26 June 2002, a copy of which is enclosed for your
reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"TELEKOM Malaysia Bhd will make a mandatory general offer (GO) for Technology
Resources Industries Bhd (TRI) at RM2.75 a share if the merger agreement
between their cellular phone units can be worked out and signed before Oct 29,
said Telekom chief executive Datuk Dr Khir Abdul Rahman."
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 sentence 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 sentence 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 sentence 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/ASL/ZOOS
c.c. Securities Commission (via fax)
Announcement Info
Company Name |
TELEKOM MALAYSIA BERHAD |
Stock Name |
TELEKOM |
Date Announced |
27 Jun 2002 |
Category |
General Announcement |
Reference No |
TM-020627-6BA49 |