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Back Aug 30, 2016
Type Announcement
Subject OTHERS
Description

Maxis Berhad ("Maxis" or "the Company") Offer on the assignment of 2 x 10 of 900MHz and 2 x 20 of 1800MHz by the Malaysian Communications and Multimedia Commission

Maxis wishes to announce that the Company’s relevant wholly owned subsidiaries licensed under the 
Communications and Multimedia Act 1998 had on 30 August 2016 received letters of offers from the
Malaysian Communications and Multimedia Commission (“MCMC”) for the assignment of 2 x 10 of
900MHz and 2 x 20 of 1800MHz (“Offers”) for a sum of RM816.75 million as full settlement upon
acceptance or higher amounts under staggered payment options. In addition, total spectrum maintenance
fees are fixed at RM70.25 million per annum for the entire assignment period. The assignments upon
issuance will be effective from 1 July 2017 for 15 years. The Company’s relevant subsidiaries have until 12 noon, 1 November 2016 to accept the Offers and effect
the required payment. A further announcement will be made upon acceptance of the Offers. This announcement is dated 30 August 2016.





Announcement Info

Company Name MAXIS BERHAD
Stock Name MAXIS
Date Announced 30 Aug 2016
Category General Announcement for PLC
Reference Number GA1-30082016-00146