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Kuala Lumpur High Court (Commercial Division) Originating Summons No. D5-24-20-2008 Mohd Shuaib Ishak V Celcom (Malaysia) Berhad

Back 27 Mar 2009
General Announcement
Reference No TI-090327-67502

Submitting Merchant Bank
:
 N/A 
Company Name
:
 TM INTERNATIONAL BERHAD 
Stock Name
:
 TMI
Date Announced
:
 27/03/2009


Type
:
 Announcement
Subject
:
KUALA LUMPUR HIGH COURT (COMMERCIAL DIVISION)
ORIGINATING SUMMONS NO. D5-24-20-2008
MOHD SHUAIB ISHAK V CELCOM (MALAYSIA) BERHAD

Contents
:
TM International Berhad ("TMI") refers to its previous announcement dated 9 July 2008 concerning its wholly-owned subsidiary, Celcom (Malaysia) Berhad ("Celcom"), wherein it was announced that the High Court had granted Mohd Shuaib Ishak leave to commence a derivative action in Celcom's name under Section 181A (1) of the Companies Act 1965 and that Celcom had filed an appeal to the Court of Appeal against the said decision.

TMI wishes to announce that the Court of Appeal has today allowed Celcom's appeal and set aside the Order of the High Court dated 9 July 2008 with costs.

This announcement is dated 27 March 2009.

Announcement Details :