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Consortium Agreement Relating To the Bid For the Grant of A Third Public Mobile Network Licence ("Consortium Agreement") In The Islamic Republic Of Iran ("Iran")

Back 27 Nov 2008

General Announcement
Reference No TI-081127-65132

Submitting Merchant Bank
:
 N/A 
Company Name
:
 TM INTERNATIONAL BERHAD 
Stock Name
:
 TMI
Date Announced
:
 27/11/2008


Type
:
 Announcement
Subject
:
CONSORTIUM AGREEMENT RELATING TO THE BID FOR THE GRANT OF A THIRD PUBLIC MOBILE NETWORK LICENCE ("CONSORTIUM AGREEMENT") IN THE ISLAMIC REPUBLIC OF IRAN ("IRAN")

Contents
:
We refer to our announcement dated 19 November 2008 with regard to the entry by Indocel Holding Sdn Bhd ("Indocel"), a wholly-owned subsidiary company of TM International Berhad, into a Consortium Agreement with Fanavari Moudj Khavar, JSC and Sarmayegozarie Atiyeh Saba, JSC (collectively "Iranian Partners") in relation to the bid for the grant of a Third Public Mobile Network licence ("Licence") in Iran.

We are pleased to announce that the consortium established by Indocel and the Iranian Partners has been qualified and hence, eligible to proceed with a bid for the Licence ("Bid"). The Bid is to be submitted to the Communications Regulatory Authority of Iran on 6 December 2008.

This announcement is dated 27 November 2008.

Announcement Details :