Telekom Malaysia Berhad (TM) wishes to announce that Telekom Malaysia DMCC has been registered as a Company with Limited Liability on 23 May 2018 and that all the Requirements under the provisions of law No. (4) of 2001 and order dated 1 May 2002 in respect of Establishing Dubai Multi Commodities Centre Authority (DMCCA) has been satisfied.

Following thereto, TM has on 29 May 2018 been registered as the registered holder of the entire issued capital of 50 shares of AED1,000.00 each amounting to AED50,000.00, resulting in Telekom Malaysia DMCC becoming a wholly-owned subsidiary of TM. Telekom Malaysia DMCC is based in Dubai’s free trade zone i.e. Dubai Multi Commodities Centre (DMCC) which is an international trade hub of United Arab Emirates.

Rationale for the Formation

The formation of Telekom Malaysia DMCC is part of TM’s global expansion effort to cover the Middle East markets and will assume the role of TM’s regional sales focusing on UAE, Qatar, Bahrain, Kuwait and Oman.

Financial Impact

The formation of Telekom Malaysia DMCC will not have any material effect on the earnings and net assets per share of TM for the financial year ending 31 December 2018.

Interest of Directors and Substantial Shareholders

None of the directors or major shareholders and/or persons connected to them have any interest, direct or indirect in the formation of Telekom Malaysia DMCC.

This announcement is dated 7 June 2018.