Incorporated in Malaysia - Axiata Group Berhad - Investor Relations
Incorporated in Malaysia - Axiata Group Berhad - Investor Relations
Incorporated in Malaysia - Axiata Group Berhad - Investor Relations
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AXIATA GROUP BERHAD ((242188-H)(formerly known as TM International <strong>Berhad</strong>)(<strong>Incorporated</strong> <strong>in</strong> <strong>Malaysia</strong>)PART A : EXPLANATORY NOTES PURSUANT TO FINANCIAL REPORTING STANDARD 13411. Changes <strong>in</strong> Cont<strong>in</strong>gent Liabilities s<strong>in</strong>ce the Last Annual Balance Sheet DateOn 23 March 2009, the Company issued a corporate guarantee to Oversea-Ch<strong>in</strong>ese Bank<strong>in</strong>gCorporation Limited, Labuan Branch (“OCBC”) <strong>in</strong> consideration of OCBC grant<strong>in</strong>g andmak<strong>in</strong>g available to Dialog a 6-year term loan facility of up to a maximum aggregate pr<strong>in</strong>cipalamount of USD100.0 million with the option to request from OCBC for an additional loanfacility not exceed<strong>in</strong>g the maximum aggregate pr<strong>in</strong>cipal amount of USD50.0 million.Save for the above, there were no material changes <strong>in</strong> cont<strong>in</strong>gent liabilities (other thanmaterial litigation disclosed <strong>in</strong> Part B, 10 of this announcement) s<strong>in</strong>ce the latest auditedf<strong>in</strong>ancial statements of the <strong>Group</strong> for the f<strong>in</strong>ancial year ended 31 December 2008.12. Capital Commitments<strong>Group</strong>30/6/2009 30/6/2008Property, plant and equipment RM ‘000 RM ‘000Commitments <strong>in</strong> respect of expenditure approved andcontracted for971,266 914,990Commitments <strong>in</strong> respect of expenditure approved but notcontracted for820,867 1,171,31713. Additional Disclosure RequirementsPursuant to the letter of approval from Securities Commission (“SC”) dated 30 January 2008<strong>in</strong> relation to the TM <strong>Group</strong>’s Demerger, the Company is required to disclose <strong>in</strong> its quarterlyannouncement, the status of application of the Celcom <strong>Group</strong> physical structures for bothtransmission towers and rooftop sites (“Outdoor Structures”) to Bursa Securities (now knownas “Ma<strong>in</strong> Market”) until all approvals are obta<strong>in</strong>ed.The status of the application of Outdoor Structures owned by Celcom <strong>Group</strong> as at 19 August2009 is as follows:(a) 114 Outdoor Structures are pend<strong>in</strong>g approval from local authorities; and(b) <strong>in</strong>itial applications for 49 outdoor structures have been decl<strong>in</strong>ed. Celcom <strong>Group</strong> is <strong>in</strong> themidst of appeal<strong>in</strong>g to the relevant local authorities with respect to such applications.9
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