Transacting
Companies
Transacting
Related
Parties
Interested
Major
Shareholder/
Director
Nature of Transaction
Value of
Transactions
RM’000
Axiata Group Telekom
Malaysia
Berhad
and/or its
subsidiaries
(TM Group)
- Khazanah,
- Tan Sri Dato’
Azman Hj
Mokhtar
- Kenneth
Shen
REVENUE
Telecommunication and Related Services
- Interconnect payment from TM Group
25,588
- Leased-line payment from TM Group
8,730
- Voice Over Internet Protocol related services revenue from TM Group
6,444
- Dark fibre and leased line from Celcom Group to Fibrecomm Network (M)
Sdn Bhd
868
- Leased-line from Celcom Group to Fiberail Sdn Bhd
592
- Transmission revenue on the services by Axiata Group to TM
3,599
- Site rental payable for telecommunication infrastructure, equipment and related
charges by TM Group to Axiata Group
3,835
COSTS
Telecommunication and Related Services
- Interconnect cost to TM Group
21,413
- Voice Over Internet Protocol related services by TM Group to Axiata Group
15,063
- Leased-line costs to TM Group
9,013
- Provision of data and bandwidth related services by TM Group to Axiata Group
32,206
- Internet access and broadband charges by TM Group to Celcom Group
0
- Provision of contact centre and business process outsourcing services by VADS
Berhad to Axiata Group
40,644
- Leasing of fibre optic core and provision of bandwidth services from Fiberail
Sdn Bhd to Celcom Group
2,379
- Purchase of dark fibre, bandwidth, space and facility from Fibrecomm Network
(M) Sdn Bhd to Celcom Group
2,584
Non-telecommunications Services
- Site rental for telecommunication infrastructure, equipment and related charges
by TM Group to Celcom
80,589
- Rental of office premises payable monthly by Axiata Group to TM Group
10,311
TOTAL
263,878
[Disclosed in accordance with paragraph 10.09 (2) (b) and paragraph 3.1.5 of Practice Note 12, Main LR]
11. STATUS OF LEGALISATION OF OUTDOOR STRUCTURES
Pursuant to the approval from Securities Commission Malaysia (SC)
in 2008 in relation to, amongst others, TM Group’s demerger and the
listing of Axiata, Axiata is required to obtain the relevant approvals
for the transmission towers and rooftop sites (Outdoor Structures) of
Celcom Group within two years from the date of the SC’s approval
letter (Timing Conditions).
SC had, in 2010 and 2012, granted an extension of time for Axiata
to comply with the Timing Conditions until 29 January 2012 and 29
January 2014 respectively.
Following the application submitted by CIMB Investment Bank Berhad,
on behalf of Axiata, for further extension of time for the legalisation of
the remaining 28 Outdoor Structures, SC had, via their letter dated 12
February 2014, granted an exemption to Axiata from complying with
the Timing Conditions, subject to, amongst others, Axiata disclosing
the status of the legalisation in its annual report until such time the
necessary approvals are obtained.
As at 31 March 2016, 27 Outdoor Structures remained to be legalised.
Applications for the approval of the local authorities in respect of these
outdoor structures have been declined. The Group is in the midst of
appealing the above decisions.
[Disclosed in accordance with letter from SC dated 12 February 2014]
axiata group berhad | annual report 2015
091
