http://www.tm.com.my/about_TM/newsroom/2007/070928.htm
Telekom Malaysia the biggest telco and one of the top 10 blue chip company in Malaysia will be demerge into two operation unit namely RegionCo adn FixedCo. Current TM listing status will be retained under Fixed Co, which looking after the Fixed line, broadband and other ventures. Recently Malaysia government has given a US$4B broadband project to Telekom over the next 10 years.
RegionCo - the mobile operation spin off of the giant will be listed in later date, which probably be one of the biggest IPO in Malaysia to come. Get ready for the lottery!
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