Telekom Malaysia Berhad Announces An invitation To Tender For Securities of TM Global Incorporated- Results Of The Invitation To Tender

04 December 2009

Type Announcement
Subject TELEKOM MALAYSIA BERHAD ANNOUNCES AN INVITATION TO TENDER FOR SECURITIES OF TM GLOBAL INCORPORATED – RESULTS OF THE INVITATION TO TENDER
Contents Further to Telekom Malaysia Berhad’s (“TM" or "the Company"”) announcement on 30 November 2009, TM wishes to announce that it has accepted the purchase of US$39,725,000 nominal value of the US$300,000,000 8.00% Guaranteed Notes due 2010 and US$34,945,000 nominal value of the US$500,000,000 5.25% Guaranteed Notes due 2014 issued by TM Global Incorporated, a wholly-owned subsidiary of TM incorporated in the Federal Territory of Labuan, Malaysia.

As a result of the tender exercise, TM’s total debt has reduced by approximately 3.68% to RM6,764.34million and its foreign currency exposure in terms of USD denominated debt has come down from 54% to 52% based on the Company’s total borrowings as at 30 September 2009.

The abovementioned exercise will not have any effect on the issued and paid up capital of TM and it will not have any material effect on the earnings and the net assets or on the shareholdings of the substantial shareholders of TM.

This announcement is dated 4 November 2009.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 4 Dec 2009
Category General Announcement
Reference No TM-091204-16F70