(Hong Kong, 30 June 2021) CK Hutchison Holdings Limited (the “Company”) announces that it has agreed with Ooredoo Q.P.S.C. (“Ooredoo”) to extend the period to pursue negotiations on a potential transaction to combine PT Hutchison 3 Indonesia, a subsidiary of the Company, and PT Indosat TBK, a subsidiary of Ooredoo, on an exclusive basis until midnight, Hong Kong time, on 16 August 2021.

While substantial progress has been made and substantive agreement has been reached on a number of key commercial issues, additional time is needed by the parties to finalise definitive agreements and, once finalised, to seek their respective internal corporate approvals. 

Pending and subject to such approvals, no decision has been taken to proceed with any transaction.