Mandatory Offer By Telekom Enterprise Sdn Bhd ("TESB"), A Wholly-Owned Subsidiary Of TM 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 ("Offer Shares") At RM2.75 Cash Per Share ("Offer")

23 June 2003

Type

Announcement
Subject TELEKOM MALAYSIA BERHAD (“TM”)

MANDATORY OFFER BY TELEKOM ENTERPRISE SDN BHD (“TESB”), A WHOLLY-OWNED SUBSIDIARY OF TM 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 (“OFFER SHARES”) AT RM2.75 CASH PER SHARE (“OFFER”)

Contents :

    We refer to our announcement on behalf of TESB and TM on 19 June 2003. As stated in the announcement, TESB will invoke Section 34 of the Securities Commission Act, 1993 to compulsorily acquire the remaining Offer Shares for which acceptances have not been received by TESB after the close of the Offer.

    In view of the above, on behalf of TESB and TM, Commerce International Merchant Bankers Berhad wishes to announce that TESB will procure that an application be made to the Kuala Lumpur Stock Exchange (“KLSE”) after the close of the Offer for the removal of Celcom from the Official List of KLSE.
    This announcement is dated 23 June 2003.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 23 Jun 2003
Category General Announcement
Reference No MM-030623-65246