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")

25 September 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, 23 May 2014, 31 July 2014 and 8 August 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 Investment Agreement has become unconditional on 25 September 2014, following the waiver of Conditions 1.2 and 1.13 set out in Appendix I of the announcement dated 27 March 2014, as agreed by all parties to the Investment Agreement on 25 September 2014, and the fulfillment of all other Conditions of the Investment Agreement.


This announcement is dated 25 September 2014.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 25 Sept 2014
Category General Announcement
Reference No MM-140925-59237