Shares in Telekom Malaysia Bhd (TM) fell in early trade Monday after it announced the resignation of acting group chief executive officer Datuk Bazlan Osman effective immediately.

The telecommunication giant fell 4.62%, or 11 sen to RM2.27.

TM said Bazlan has left to pursue other interests.  

Its market capitalisation has fallen from RM22.7bil at the beginning of the year to just over RM9bil, putting it out of the 30 largest companies on Bursa Malaysia.

Meanwhile, TM also announced that its Internet services have been down since Saturday (Nov 17) night due to multiple fibre cable cut incidents by third-party contractors in Sentul and Sabak Bernam.

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