Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description |
UPDATES IN RELATION TO THE MEMORANDUM OF UNDERSTANDING BETWEEN TELEKOM MALAYSIA BERHAD AND TT DOTCOM SDN BHD FOR THE DEVELOPMENT OF THE SISTEM KABEL RAKYAT 1 MALAYSIA (SKR1M) |
We refer to our announcements on 3rd March 2015 and 3rd June 2015 in respect of the Memorandum of Understanding (“MoU”) with TT dotCom Sdn Bhd (“TTdC”), for the development and construction of a new submarine cable system, called the “Sistem Kabel Rakyat 1 Malaysia (“SKR1M”)”. TM wishes to announce that TM and TTdC have agreed to extend the MoU period to 31 August 2015 to finalize and execute the Construction and Maintenance Agreement (“C&MA”) on or before the said date or such other date as may be mutually agreed in writing by the Parties. Save as disclosed above, all provisions contained in the MoU shall remain in full force and effect. This announcement is dated 31 July 2015. |
Company Name | TELEKOM MALAYSIA BERHAD |
Stock Name | TM |
Date Announced | 31 Jul 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-31072015-00021 |