Telekom Malaysia - Investor Relations

Type	Announcement
Subject	TELEKOM MALAYSIA BERHAD ("TM") MANDATORY OFFER BY TELEKOM ENTERPRISE SDN BHD (“TESB”), A WHOLLY-OWNED SUBSIDIARY OF TM, AT RM2.75 CASH PER SHARE FOR THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN CELCOM (MALAYSIA) BERHAD (“CELCOM”) NOT HELD BY TESB AND THE PERSONS ACTING IN CONCERT WITH TESB (“PAC”) (“OFFER”)

We refer to our announcement on 7 May 2003.

On behalf of TESB and TM, Commerce International Merchant Bankers Berhad is pleased to announce that TM has today obtained the approval of the Minister of Finance Incorporated for the signing of the bridging loan facility for the Offer between TM and four (4) local financial institutions. The consents of the Securities Commission and the Kuala Lumpur Stock Exchange for the despatch of the offer document in relation to the Offer (“Offer Document”) had also been obtained on 12 May 2003 and 13 May 2003 respectively.

Pursuant to the above, the Offer Document will be despatched to the Board of Directors and shareholders of Celcom upon the signing of the bridging loan facility on 23 May 2003.

This announcement is dated 20 May 2003.

Announcement Info

Company Name	TELEKOM MALAYSIA BERHAD
Stock Name	TELEKOM
Date Announced	20 May 2003
Category	General Announcement
Reference No	MM-030520-53373

Mandatory Offer By Telekom Enterprise Sdn Bhd ("TESB"), A Wholly-Owned Subsidiary Of TM, At RM2.75 Cash Per Share For The Remaining Ordinary Shares Of RM1.00 Each In Celcom (Malaysia) Berhad ("Celcom") Not Held By TESB And The Persons Acting In Concert With TESB ("PAC") ("Offer")

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Announcement Info