The Company had on 26 April 2017 obtained a mandate from its shareholders for Maxis Broadband Sdn Bhd ("MBSB") to enter into recurrent related party transactions (“RRPTs”) with Dishnet Wireless Ltd ("DWL") which involve the receipt of interconnect revenue by MBSB from DWL and payment of interconnect expenses by MBSB to DWL. These RRPTs were disclosed in item (v)(20), Table A, Appendix I of the Company’s circular to shareholders in relation to the proposed renewal of existing shareholders’ mandate for recurrent related party transactions of a revenue or trading nature dated 27 March 2017 ("Circular"). The details relating to the said RRPT with DWL are set out below:

Estimated value of the RRPT with DWL from 27 April 2017 to the next AGM as disclosed in item (v)(20), Table A, Appendix I of  the Circular 

(RM)

Actual value of the said RRPTs transacted with DWL as at 30 November 2017

(RM)

Estimated value of said RRPTs to be transacted with DWL  from 1 Dec 2017 to next AGM 

RM

                       335,000

                  4,726,000

              11,274,000

The increase in interconnect settlement payments between the parties described above is due to the higher International Direct Dialing ("IDD") call volumes routed between both parties to maximize synergies in the retail IDD market.

MBSB’s RRPTs with DWL disclosed in item (v) (20), Table A, Appendix I of the Circular forms part of the RRPTs between Maxis group and Maxis Communications Berhad (“MCB”) group.

Pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of the Company wishes to announce that, due to the increase in transaction value with DWL described above, the actual transaction value of the RRPTs transacted with MCB group as at 30 November 2017 has exceeded the estimated value by more than 10%, details of which are set out below:

Estimated value of the RRPT with MCB group from 27 April 2017 to the next AGM as disclosed item (v), Table A, Appendix I of  the Circular

(RM)

Actual value of the RRPTs transacted with MCB group as at 30 November 2017

(RM)

Difference (in value  and in percent (%)) between Column 1 and Column 2

(RM)

Estimated value of the RRPTs to be transacted with MCB group from 1 Dec 2017 to the next AGM

(RM)

                7,147,000

         8,092,000

    945,000 (13.22%)

      14,720,000

This announcement is dated 13 December 2017.