Transactions (chapter 10 of Listing Requirements): Non Related Party Transactions Proposed Investment By Mobikom sdn bhd ("mobikom"), A Wholly-owned Subsidiary Of Telekom Malaysia Berhad ("tm"), In Packet One Networks (malaysia) Sdn Bhd ("p1") ("proposed Investment")

08 August 2014

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED INVESTMENT BY MOBIKOM SDN BHD (“MOBIKOM”), A WHOLLY-OWNED SUBSIDIARY OF TELEKOM MALAYSIA BERHAD (“TM”), IN PACKET ONE NETWORKS (MALAYSIA) SDN BHD (“P1”) (“PROPOSED INVESTMENT”)

We refer to the announcements dated 27 March 2014 and 23 May 2014 in relation to the Proposed Investment (“Announcements”). Unless otherwise stated, the definitions used here shall have the same meanings as set out in the Announcements.

On behalf of the Board of Directors of TM, CIMB Investment Bank Berhad wishes to announce that the MCMC has today approved the allocation of the requisite spectrum to TM subject to TM submitting an irrevocable bank guarantee of RM20.0 million to MCMC. The said allocation (including the detailed business plan in relation thereto) is on terms specified by the MCMC.

This announcement is dated 8 August 2014.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 8 Aug 2014
Category General Announcement
Reference No MM-140808-62333