Telekom Malaysia Berhad ("Telekom") (I) Proposed Issue Of Up To RM1,000 Million Nominal Value 15-Year Redeemable Unsecured Bonds By Telekom ("Telekom Bonds Re-Opening"); And (II) Proposed Issue Of Up To Rm1,000 Million Nominal Value 15-Year Redeemable Unsecured Bonds By Tekad Mercu Berhad ("TM") ("TM Bonds Re-Opening") (Collectively "Proposed Bonds Issues")

14 June 2004

Type

Announcement
Subject TELEKOM MALAYSIA BERHAD ("TELEKOM")

(I) PROPOSED ISSUE OF UP TO RM1,000 MILLION NOMINAL VALUE 15-YEAR
REDEEMABLE UNSECURED BONDS BY TELEKOM ("TELEKOM BONDS
RE-OPENING"); AND

(II) PROPOSED ISSUE OF UP TO RM1,000 MILLION NOMINAL VALUE 15-YEAR
REDEEMABLE UNSECURED BONDS BY TEKAD MERCU BERHAD ("TM") ("TM
BONDS RE-OPENING")

(COLLECTIVELY "PROPOSED BONDS ISSUES")

Contents :

On behalf of Telekom, Commerce International Merchant Bankers Berhad ("CIMB") is pleased to announce that the Securities Commission ("SC") had, vide its letter dated 8 June 2004, approved an extension of time from 7 June 2004 to 7 December 2004 for the completion of the Proposed Bonds Issues.


The approval of the SC is conditional upon the following:

(i) CIMB informing all parties related to the issuance of the Telekom bonds and TM bonds, including holders of the Telekom bonds and TM bonds and the trustee, and if required, obtain the approval of the relevant parties, on the extension of time;

(ii) CIMB obtaining the approval of any other regulatory authorities on the extension of time;

(iii) CIMB furnishing the final term sheet and principal terms and conditions of the Telekom bonds and TM bonds to the SC; and

(iv) CIMB confirming to the SC that the above conditions have been met.

This announcement is dated 14 June 2004.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 14 Jun 2004
Category General Announcement
Reference No MM-040609-59116