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Proposed Acquisition Of 27.3% Equity Interest In Pt Excelcomindo Pratama ("Excelcomindo") For Cash Consideration Of United States Dollar ("USD") 314 Million (Approximately RM1,193.2 Million) ("Proposed Acquisition")

10 December 2004

Type

 Announcement
Subject TELEKOM MALAYSIA BERHAD ("TM" OR "COMPANY")

PROPOSED ACQUISITION OF 27.3% EQUITY INTEREST IN PT EXCELCOMINDO PRATAMA ("EXCELCOMINDO") FOR CASH CONSIDERATION OF UNITED STATES DOLLAR ("USD") 314 MILLION (APPROXIMATELY RM1,193.2 MILLION) ("PROPOSED ACQUISITION")

Contents :

On behalf of the Board of Directors of TM, Commerce International Merchant Bankers Berhad wishes to announce that Sections 2.8 (a) and (b) of the announcement made on 9 December 2004 are amended to the following:


"(a) The audited consolidated net tangible assets ("NTA") of Excelcomindo for the financial year ended 31 December 2003 of Rp1,088,657,707,000;

(b) Consolidated profit before taxation ("PBT") of Excelcomindo based on its audited financial statements for the year ended 31 December 2003 of Rp589,957,472,000; and" We also wish to announce that the tables attached to the announcement made on 10 December 2004 have been amended. Please refer to the attachment for the amended tables.

This announcement is dated 10 December 2004.

Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 10 Dec 2004
Category General Announcement
Reference No MM-041210-62869

Attachments

  1. Table2.pdf (Size: 21,631 bytes)