Telekom Malaysia Berhad ("TM") (i) Proposed Demerger Of The TM Group of Companies ("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")

28 April 2008

Type

Announcement
Subject TELEKOM MALAYSIA BERHAD ("TM")

(I) PROPOSED DEMERGER OF THE TM GROUP OF COMPANIES
(“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”)

Contents :

We refer to our announcements dated 10 December 2007, 6 February 2008 and 11 April 2008 in relation to, amongst others, the Proposals.


On behalf of TM’s Board of Directors, we, CIMB Investment Bank Berhad, are pleased to announce that the Proposed Demerger and Proposed Acquisition have been completed on 25 April 2008.

Ordinary shares of RM1.00 each in TM International have been listed and quoted on the Main Board of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. today.


This announcement is dated 28 April 2008.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 28 Apr 2008
Category General Announcement
Reference No MM-080428-52916