| Type | Announcement |
| Subject | OTHERS |
| Description | COLLABORATION AGREEMENT ON THE PROVISION OF COMMUNICATION AND ICT INFRASTRUCTURE AND TELECOMMUNICATIONS SERVICES TO REALISE THE ASPIRATIONS OF A SMART+CONNECTED NUSAJAYA, ISKANDAR MALAYSIA BETWEEN TELEKOM MALAYSIA BERHAD (“TM”), UEM LAND BERHAD (“UEML”) AND ISKANDAR INVESTMENT BERHAD (“IIB”) |
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We wish to announce that TM had today entered into a Tripartite Collaboration Agreement (“CA”) with IIB and UEML to participate in the development and management of the proposed Smart and Connected Nusajaya Project.
Under the terms of the Tripartite CA, TM, IIB and UEML (“Parties”) shall collaborate, inter-alia, in the following areas (“Proposed Projects”):- (a) Provisioning of communication infrastructure and telecommunications services to realise the Smart and Connected Nusajaya aspirations, including internet, high speed broadband, wireless connectivity via wifi and value added services; (b) Establishment of a purpose-built data center facility in Nusajaya, Iskandar Malaysia; (c) Provisioning of Information and Communications Technology (“ICT”), IT Outsourcing and Business Process Outsourcing (“BPO”) services to support the Nusajaya Smart and Connected experience; and (d) A TM One-Stop Center in Nusajaya, Iskandar Malaysia supporting the telecommunication and ICT requirements of enterprises and businesses. Under the terms of the Tripartite CA, the Parties shall collaborate and work together with the intention of arriving at Definitive Agreement(s) (“DA”) 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 such other 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:- (a) Khazanah Nasional Berhad (“Khazanah”), a major shareholder of TM, is also a common major shareholder of IIB and UEM Land Holdings Berhad, the holding company of UEML; (b) Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, a nominee Director of Khazanah; and (c) Nik Rizal Kamil bin Nik Ibrahim Kamil, alternate director to Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin. Further update including financial effect and other relevant information will be disclosed when the Definitive Agreement(s) with regard to the Proposed Projects have been entered into between the Parties. This announcement is dated 4 December 2012. |
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| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 4 Dec 2012 |
| Category | General Announcement |
| Reference No | TM-121204-32704 |