24 February 2003
|
Type |
Announcement |
| Subject | TELEKOM MALAYSIA BERHAD ("TELEKOM" OR THE "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN TM CELLULAR SDN BHD ("TM CELLULAR") TO CELCOM (MALAYSIA) BERHAD ("CELCOM") FOR A TOTAL CONSIDERATION OF RM1,684 MILLION TO BE SATISFIED BY THE ISSUANCE OF 635,471,698 NEW ORDINARY SHARES OF RM1.00 EACH IN CELCOM AT RM2.65 PER SHARE ("PROPOSED DISPOSAL") MANDATORY GENERAL OFFER BY TELEKOM, TELEKOM ENTERPRISE SDN BHD ("TESB") AND THE PERSONS ACTING IN CONCERT ("PAC") WITH THEM FOR THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN CELCOM NOT HELD BY TELEKOM, TESB AND THE PAC WITH THEM AFTER THE PROPOSED DISPOSAL AT RM2.75 PER SHARE ("MGO") |
Attached are the disclosures made to the Exchange pursuant to Section 32(4) of the Malaysian Code on Take-Overs and Mergers 1998 and/or the Exchange's Listing Requirements.
Full text of the announcement is available at the KLSE website via the following address:
announcements.klse.com.my
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TELEKOM |
| Date Announced | 24 Feb 2003 |
| Category | General Announcement |
| Reference No | KK-030224-57A8E |
Attachments