TM Delivers RM1.5 Bln To Stakeholders, Accelerates Long-Term Growth

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) delivered approximately RM1.5 billion in value to stakeholders through dividends and socio-economic initiatives in the financial year 2024, reaffirming its commitment to long-term value creation and national development.

In a statement yesterday, the company said it is also prioritising strategic investments in business growth, community development, social impact programmes, and employee development, further amplifying its impact on the broader national economy.

Its chairman, Datuk Zainal Abidin Putih, said TM sees itself as a facilitator of national progress, driving inclusive digital transformation that empowers enterprises, enriches communities, and bolsters economic resilience.

“We are fully aligned with this vision – staying agile, expanding our capabilities, and setting new benchmarks in service excellence to ensure that Malaysia remains at the forefront of the digital economy,” he said.

Beyond profits, TM is committed to driving digital inclusivity for all, including nurturing future-ready talent, empowering communities, and expanding inclusive digital access nationwide.

Meanwhile, the group noted that in its data centre operations, TM sources 50 per cent of its data centre energy from renewable resources and implements water harvesting and recycling systems for water conservation.

“TM is also targeting global benchmarks with a planned power usage effectiveness (PUE) of 1.4 for its expansion projects, with the upcoming Johor facility, developed in collaboration with Singtel’s Nxera, targeting even lower PUE,” it said.

TM added that 2024 marked the first full year of implementation of its Pioneer, Win, and Revitalise (PWR 2030) strategy, which is the group’s roadmap to becoming a digital powerhouse by 2030 and positioning Malaysia as the digital hub for ASEAN.

Group chief executive officer and managing director Amar Huzaimi Md Deris said the group remains focused on delivering long-term value creation while creating meaningful impact for the nation.

“As we move forward into the next phase of our journey, every initiative we undertake moves us closer to becoming a digital powerhouse by 2030, one that drives national progress, fosters innovation, and ensures Malaysia remains at the forefront of the global digital economy,” he said.

-- BERNAMA