Telekom Malaysia responds to the KL Tower concession sale issue. TM informed the govt that it didn't want to renew the concession back in 2021 and was not involved in the selection process of the new concessionaire.
, the company that previously owned Menara Kuala Lumpur Sdn Bhd , has issued a response on the matter via Bursa Malaysia.
Later in 2022, TM said the selection process for the new Concessionaire was taken by the Government and TM was informed of the appointed company to take over the shares of MKLSB and the MKL concession. To ensure the continuity of Menara KL operations for the Malaysian public and international visitors, MKLSB will continue to operate the concession.
Contrary to reports that the sale was done quietly, TM said the reference was made during its Q3 2022 financial update. It was
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