TM: Small exposure to foreign currency loans

Financial performance: (From left) Group chief financial officer Datuk Bazlan Osman, Zamzamzairani and chairman Tan Sri Sulaiman Mahbob at the quarterly results briefing. Zamzamzairani says most of TM’s borrowings are denominated in ringgit.

CEO says no need for debt-restructuring despite weaker ringgit

KUALA LUMPUR: Telekom Malaysia Bhd (TM) does not foresee the need for debt-restructuring with the rapid decline in the ringgit, as only a small chunk of its US-dollar debt is not hedged.