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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 29 Apr 2009
General Announcement
Reference No AG-090429-68331

 

Submitting Merchant Bank
:
 N/A
Company Name
:
 AXIATA GROUP BERHAD
Stock Name
:
 AXIATA
Date Announced
:
 29/04/2009


Type
:
 Announcement
Subject
:
AXIATA GROUP BERHAD (FORMERLY KNOWN AS TM INTERNATIONAL BERHAD) (“AXIATA”)

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

Contents
:
Axiata refers to its previous announcement dated 27 March 2009 wherein it was announced that the Court of Appeal had allowed the appeal made by Celcom (Malaysia) Berhad, a wholly owned subsidiary of Axiata (“Celcom”), and set aside the Order of the High Court dated 9 July 2008 granting Mohd Shuaib Ishak (‘MSI’) leave to commence a derivative action in Celcom’s name under Section 181A(1) of the Companies Act 1965 with costs.

Axiata wishes to announce that Celcom has today been notified by the Registry of the Federal Court that MSI had on 23 April 2009 filed an application for leave to appeal to the Federal Court against the above decision of the Court of Appeal and that the same is fixed for case management on 11 May 2009 in order to fix a date for hearing.

Axiata will make further announcement in respect of any material development on this matter.

This announcement is dated 29 April 2009

Announcement Details :