Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

23 July 2018

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

UPDATES IN RELATION TO THE MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN TELEKOM MALAYSIA BERHAD (TM) AND TENAGA NASIONAL BERHAD (TNB) FOR THE COLLABORATION TO ESTABLISH A JOINT PROPOSAL FOR NATIONWIDE FIBERISATION PLAN (NFP)

TM's announcements on 16 January, 16 April and 16 July 2018 in respect of the MOU dated 16 January 2018 with TNB for the collaboration to establish a detailed joint proposal for Nationwide Fiberisation Plan (NFP) refers.

TM wishes to announce that both TM and TNB have mutually agreed to discontinuethe above MOU with immediate effect.

This discontinuationhowever, does not preclude TM from considering other collaborations with TNB should there be future business opportunities that are beneficial to both parties.

This announcement is dated 23July 2018.






Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 23 Jul 2018
Category General Announcement for PLC
Reference Number GA1-20072018-00012