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(AFX UK Focus) 2008-11-04 01:56
RPT-Malaysia TMI says no decision on refinancing loan
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KUALA LUMPUR, Nov 4 (Reuters) - Malaysia's mobile phone company TM International has not made a decision on the refinancing of an existing bridging loan to buy a stake in India's Idea Cellular Ltd.
A financial newspaper reported on Monday that TMI may be in talks with state investment fund Khazanah, which owns 44.51 percent of the company, to sell a further stake to the fund.
"We are currently exploring various options to restructure our existing debts to improve our capital structure and positioning TMI for future growth," TMI said in a statement on Tuesday.
(Reporting by Soo Ai Peng; Editing by David Chance) Keywords: TMI/

(aipeng.soo@thomsonreuters.com; +603-2333 8039; Reuters Messaging: aipeng.soo.reuters.com@reuters.net; Bureau Email: areuters@gmail.com)

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