Articles tagged with: Telekom Malaysia and Seven

TM International 2Q Net Profit MYR367 Million, Down 37.6%

KUALA LUMPUR -(Dow Jones)- Malaysian cellular phone company TM International said Tuesday its second quarter net profit fell 37.6% on higher interest costs following its demerger from parent Telekom Malaysia in April.  more

Related Tags: telekom, Malaysia

IN DEPTH: Telecom Malaysia International Q1 2008 Results

TM International, the former mobile arm of Telekom Malaysia, has reported results independently for the first time, despite only having been demerged from the parent company at the end of April. Telekom Malaysia has been preparing for the spin-off for some time, transferring all of the relevant assets into the TM International division, including domestic mobile concern Celcom, before issuing paper in the new company to its own shareholders. This demerger process was completed on 25th April and trading began on the new TMI stock on the Bursa Malaysia on 28t h April. After initially trading at just over RM7,500 the share price has stayed very steady, with a maximum variation of around 7%.  more

Related Tags: m1, roaming, xl, banglalink, celcom, telekom, spice, Malaysia