Telekom Malaysia Bhd's wholly-owned subsidiary Telekom Enterprise Sdn Bhd (TESB) has served a notice of mandatory offer on the board of directors of Celcom (Malaysia) Bhd to acquire the remaining 1.34 million ordinary shares in Celcom at RM2.75 per share.
The shares represented approximately 67.3% of the existing issued and paid-up share capital of Celcom not already owned by TESB and persons acting in concert with TESB as of yesterday, Telekom said in a filing to the KLSE.
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