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Proposed Acquisition By TM International berhad ("TM International") and Indocel Holding Sdn Bhd, Both Wholly-owned Subsidiaries of TM, From Khazanah Nasional Berhad ("Khazanah") Of Equity Interests In Sunshare Investments Ltd And Pt Excelcomindo Pratama TBK ("proposed Acquisition")

Back 15 Feb 2008
General Announcement
Reference No MM-080215-65139

Submitting Merchant Bank
:
CIMB INVESTMENT BANK BERHAD 
Company Name
:
TELEKOM MALAYSIA BERHAD 
Stock Name
:
TM
Date Announced
:
15/02/2008


Type : Announcement
Subject : TELEKOM MALAYSIA BERHAD ("TM")

PROPOSED ACQUISITION BY TM INTERNATIONAL BERHAD ("TM INTERNATIONAL") AND INDOCEL HOLDING SDN BHD, BOTH WHOLLY-OWNED SUBSIDIARIES OF TM, FROM KHAZANAH NASIONAL BERHAD ("KHAZANAH") OF EQUITY INTERESTS IN SUNSHARE INVESTMENTS LTD AND PT EXCELCOMINDO PRATAMA TBK ("PROPOSED ACQUISITION")

Contents :
Not for distribution in the United States of America

We refer to the announcement dated 6 February 2008 in relation to the Proposed Acquisition. 

On behalf of TM's Board of Directors, we are pleased to announce that an application to the Securities Commission has been made today for an exemption for Khazanah under Practice Note 2.9.1 of the Malaysian Code on Take-Overs and Mergers, 1998, from the obligation to carry out a mandatory take-over offer to acquire the remaining voting shares in TM International ("TM International Shares") not held by Khazanah pursuant to the issuance of new TM International Shares under the Proposed Acquisition.


This announcement is dated 15 February 2008.

This announcement is not an offer for sale of securities in any jurisdiction, including in the United States of America ("US"). Securities may not be offered or sold in the US absent registration or an exemption from registration under the US Securities Act 1933, as amended. None of TM, TM International or any seller of securities intends to register any portion of the offering in the US or to conduct a public offering of securities in the US.