RM100mil office space savings forecast for TM

The optimisation of its office space will see TM shifting most of its operations from Menara TM to TM Annexe and Cyberjaya by end-2022.

PETALING JAYA: The first quarter of financial year 2022 (FY22) results of Telekom Malaysia Bhd (TM) are expected to be “seasonally weaker”, with revenue likely down by some 6% to 10% quarter-on-quarter, according to RHB Research.

However, the research firm says that the telecommunications company remained its preferred sector pick.