| Type | Announcement |
| Subject | OTHERS |
| Description | COLLABORATION AGREEMENT ON THE OPPORTUNITIES AVAILABLE FOR PROVIDING SMART CITY AND SMART BUILDING INFRASTRUCTURE AND SERVICES, THE ESTABLISHMENT OF A MANAGED SERVICES OPERATING COMPANY (“MSCO”) AND THE ESTABLISHMENT OF A GLOBAL INNOVATION CENTRE (“GIC”) TO REALISE THE SMART AND CONNECTED (“S+CN”) NUSAJAYA ASPIRATIONS BETWEEN TELEKOM MALAYSIA BERHAD (“TM”), ISKANDAR INVESTMENT BERHAD (“IIB”), UEM LAND BERHAD (“UEML”), CENTIOS CO. LTD (“CENTIOS”) AND CISCO SYSTEMS INTERNATIONAL BV (“CISCO”) |
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We wish to announce that TM had today entered into a 5-party Collaboration Agreement (“CA”) with IIB, UEML, Centios and Cisco (“Parties”) to explore opportunities available for providing smart city and smart building infrastructure and services in Nusajaya, Iskandar Malaysia. This also includes, inter-alia, exploring the proposed establishment of a managed services operating company (“MSCo”) for the proposed Smart and Connected Nusajaya Project. Simultaneous with the establishment of the MSCo, the Parties will also explore the proposed establishment of a Global Innovation Centre (“GIC”) in Nusajaya, Iskandar Malaysia.The above proposals hereinafter referred to as “Proposed Projects”.
Under the terms of the CA, the Parties shall also collaborate and work together with the intention of arriving at Definitive Agreement(s) for the implementation of the Proposed Projects. The CA is valid for a period of 6 months or until the execution of the Definitive Agreement(s), or any such dates that may be mutually agreed upon in writing by the Parties. Save as disclosed below, none of the Directors and other major shareholders of TM and/or persons connected to them has any interest, whether direct or indirect, in the Proposed Projects:- |
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| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 4 Dec 2012 |
| Category | General Announcement |
| Reference No | TM-121204-33954 |