Parties to push merger through

Telekom Malaysia Bhd and Celcom (M) Bhd are determined to push through with their inter-related corporate exercise despite market perception that these proposals could be derailed through various delays and objections by interested parties.  

According to sources close to the companies, no amount of distraction such as injunctions or even a long-drawn arbitration processes could delay the merger. The merger is on schedule and expected to be completed by mid-year.