11 April 2008
|
Type |
Announcement |
| Subject | TELEKOM MALAYSIA BERHAD ("TM") (I) PROPOSED DEMERGER OF THE TM GROUP ("PROPOSED DEMERGER"); (II) PROPOSED LISTING OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF TM INTERNATIONAL BERHAD ("TM INTERNATIONAL") ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD; AND (III) PROPOSED ACQUISITION BY TM INTERNATIONAL AND INDOCEL HOLDING SDN BHD, BOTH WHOLLY-OWNED SUBSIDIARIES OF TM, FROM KHAZANAH NASIONAL BERHAD OF EQUITY INTERESTS IN SUNSHARE INVESTMENTS LTD AND PT EXCELCOMINDO PRATAMA TBK ("PROPOSED ACQUISITION") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
On behalf of TM’s Board of Directors, we, CIMB Investment Bank Berhad, are pleased to announce that all conditions in relation to the Proposals, have been fulfilled and/or waived, where relevant, in accordance with the terms of the agreements for the Proposed Demerger and the Proposed Acquisition. Accordingly, the Proposals have become unconditional as of the date of this announcement.
In conjunction with the above and TM’s announcement dated 26 February 2008 in relation to its audited consolidated financial results for the financial year ended 31 December 2007, TM wishes to illustrate the proforma effects of the Proposed Demerger on TM’s and TM International’s financials as set out in Table 1.
This announcement is dated 11 April 2008.
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 11 Apr 2008 |
| Category | General Announcement |
| Reference No | MM-080411-68928 |
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