TM to retain its tender requirements

PETALING JAYA: Telekom Malaysia Bhd (TM) has acknowledged the recent concerns raised by the Association of Accredited Advertising Agents (4As) and said it will in the immediate term retain its tender requirements, which aligns with standard industry practices in tender processing.

The telco was responding to the allegations made by 4As challenging TM on its current procurement policy for shortlisting of advertising agencies, calling attention to TM’s unjustifiable tender document fee and tender deposit.