Proposed Privatisation of VADS Berhad ("VADS") Via A Selective Capital Reduction And Repayment Exercise Under Section 64 Of The Companies Act, 1965 ("Proposal")

21 January 2009

Type Announcement
Subject TELEKOM MALAYSIA BERHAD (“TM”)

PROPOSED PRIVATISATION OF VADS BERHAD (“VADS”) VIA A SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“PROPOSAL”)
Contents We refer to our announcements dated 22 September 2008, 24 October 2008, 24 November 2008, 2 December 2008 and 9 December 2008 in relation to the Proposal.

On behalf of TM, we wish to announce that the High Court of Malaya at Kuala Lumpur had, on 21 January 2009, granted an order confirming the Proposal (“Court Order”).

All required approvals for the Proposal have been obtained.

The Proposal will be effected on the lodgment of an office copy of the Court Order with the Companies Commission of Malaysia.

This announcement is dated 21 January 2009.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 21 Jan 2009
Category General Announcement
Reference No MM-090121-62854