| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | TELEKOM MALAYSIA BERHAD ("TM") 1. PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND 2. PROPOSED AMENDMENTS TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION |
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On behalf of the Board of Directors of TM, we wish to inform that TM will be seeking its shareholders’ approval for the following proposals at the Company's Extraordinary General Meeting to be convened on a date to be announced later:
(a) Proposed renewal of the shareholders’ mandate for TM and/or its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature; and (b) Proposed amendments to the Company's Memorandum and Articles of Association (“Proposed Amendments to M&A”); (collectively referred to as the “Proposals”). The Proposed Amendments to M&A is intended to ensure that the shareholders have access to the Company’s M&A which are updated and comprehensive, and shall involve the following:- (i) Alteration to the authorised share capital; (ii) Inclusion of new article on appointment of multiple proxies by an exempt authorised nominee in line with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad; (iii) Enhancement to articles for purposes of clarity and ease of administration; and (iv) Deletion of articles which are no longer relevant. TM will send a circular setting out the details of the Proposals to its shareholders in due course. This announcement is dated 24 February 2012. |
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| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 24 Feb 2012 |
| Category | General Announcement |
| Reference No | TM-120224-BFD30 |