Media & Muat Turun
Siaran Akhbar

17 Julai 2005

Khazanah and TM International to Jointly Acquire 12.06% Stake in MobileOne

About Khazanah Nasional Berhad
Khazanah is the investment holding ann of the Government of Malaysia entrusted to manage the assets held by the Government and to undertake strategic investments . Khazanah was incorporated under the Companies Act 1965 on 3 September 1993 as a public limited company. Save for one (1) share owned by Pesuruhjaya Tanah Persekutuan (the Federal Land Commissioner), the share capital of Khazanah is owned by the Minister of Finance  a body corporate incorporated pursuant to the Minister of Finance (In corporation) Act, 1957.
 
About Telekom Malaysia Berhad
Telekom Malaysia Berhad (TM), is a leading regional information and communications group, which offers a comprehensive range of communication services and solutions in fixed-line, mobile, data and broadband. As one of the largest listed companies on Bursa Malaysia with an operating revenue of more than RM13 billion, TM is driven to deliver value to its stakeholders in a highly competitive environment

TM places emphasis on continuing customer service quality enhancements and innovations. Currently, with investments and operations in 12 countries around Asia and globally, TM is focused on sustainable growth in both the local and international markets.
 
About TM International Sdn Bhd
TM International is a wholly-owned international investment arm of TM and is one of the leading regional telecommunications companies with interests in Sri Lanka7 Bangladesh, Pakistan, Indonesia,Thailand and Cambodia. It also has selected investments in Africa namely in Guinea and Malawi. TM International has a track record of adding value to its investments, and an approach which focuses on developing the skills and capabilities of its local management teams and working in partnership with these local teams to achieve strong market positions and profitability.
 
About M1
M1 is a leading mobile communications provider in Singapore with a seamless dual-band GSM 900/ 1800 MHz network that has 100 per cent coverage of Singapore. In addition to offering a full range of mobile voice and data communications services, M1 provides international call services to both mobile and fixed line customers. Widely known as an innovative operator with an established brand, M1 aims to be the leader in personal voice and data communications, focusing on value, quality and customer service.

As at June 30 2005, Ml had a total of 1.239 million customers, with an overall share of Singapore mobile se1Vices market of approximately 30%. Ml was listed on the Singapore Exchange on December 4, 2002. Its founding shareholders are Keppel Telecoms, SPH Multimedia and Great Eastern Telecommunications. Upon the completion of the transaction, SunShare will become the single largest shareholder of M1 with a stake of approximately 17.7%. The other significant shareholders in Ml are Keppel Telecoms and SPH Multimedia which each hold a 14.1 % stake in Ml with the balance of 54.2% being free float.

 



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