Telekom Malaysia has been a long-term laggard, despite a strong portfolio of assets - the domination of fixed line and internet connection domestically, as well as good market shares in mobile in Malaysia, Singapore, Bangladesh, Sri Lanka and several other smaller economies. Management have finally found a way to realise this value by breaking up the company into a solid, cash generating fixed line business which will take the debt, and a high-growth mobile business. This catalyst should drive a re-rating.
| Sedol |
Type |
Price |
Date |
| 6868398 |
Buy |
MYR 10.328 |
07/11/2007 | |
