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")

13 June 2003

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")

Contents :

    We refer to the offer document in relation to the Offer dated 23 May 2003 (“Offer Document”).

    TESB and TM wish to announce that the closing date for the Offer has been extended for an additional 14 days from 13 June 2003 (referred to as the “First Closing Date” in the Offer Document) to 5.00 p.m. (Malaysian time) on 27 June 2003. All the other terms and conditions of the Offer remain unchanged.

    Pursuant to Section 25(1) of the Malaysian Code on Take-Overs and Mergers, 1998, TESB and TM wish to announce the level of acceptances for the Offer, as set out in the table below:

    Please refer to Table A

    This announcement has also been sent to the Securities Commission and released to the press in accordance with the provisions of the Code.

    This announcement is dated 13 June 2003.
Table A

Number of Celcom Shares
(000)
% of issued and paid-up share capital of Celcom
Shares held by TESB and the PAC at the time of posting of the Offer Document
1,338,984
51.12
Shares for which acceptances have been received after the posting of the Offer Document
1,104,423*
42.17
Shares acquired or agreed to be acquired received after the posting of the Offer Document
-
-
Total shareholdings
2,443,407
93.29
    Note:

    * Includes 81.095 million Celcom shares representing 3.10% of the issued and paid-up share capital of Celcom which are subject to verification.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 13 Jun 2003
Category General Announcement
Reference No TM-030613-60273