TNM | Removal of Cautionary statement
In the cautionary announcement dated 17th March 2010, and the follow-up cautionary announcement on 28th April 2010, the general public and shareholders were advised to exercise caution when dealing in the company’s securities pending the outcome of negotiations with potential strategic partners.
Despite TNM receiving a considerable level of interest from several potential strategic partners, the directors and major shareholders have decided to suspend the process pending the completion of the on-going business expansion programs which are aimed at increasing company value. In their opinion, shareholder value will be enhanced through maintaining the status quo in the ownership structure in the short to medium term whilst awaiting the potential upside benefits of a number of positive developments emerging in the telecommunications landscape in the region.
Chairman of the Board
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Telekom Networks Malawi Limited (TNM.mw)Share price: 1,422.00 Tambala ▲ (1.00 | 0.07% – 28/03/23)
Recent Documents & News
Telekom Networks Malawi Limited (TNM.mw) Q42022 Interim Report – December 28, 2022
TNM (Malawi) appoints Engineer Lloyd Gowera as Acting CEO – October 24, 2022
Telekom Networks Malawi Limited (TNM.mw) HY2022 Interim Report – September 29, 2022
Telekom Networks Malawi Limited (TNM.mw) 2021 Annual Report – August 5, 2022
AGM, Corporate announcement
Telekom Networks Malawi Limited to hold its AGM on the 1st of July 2022 – July 15, 2022