Axiata strives to raise our shareholder value by striking a balance between short-term profitability and long-term growth.
Kuala Lumpur High Court Civil Suit No.S4-23-46-2006 Dato Saizo Abdul Ghani (Trading Under The Name And Style Of Airtime Telecommunication) ("Dato Saizo") Vs Celcom (Malaysia) Berhad And Kamsani Bin Hj. Ahmad ("Kamsani")
AXIATA GROUP BERHAD (“AXIATA”) KUALA LUMPUR HIGH COURT CIVIL SUIT NO.S4-23-46-2006 DATO SAIZO ABDUL GHANI (TRADING UNDER THE NAME AND STYLE OF AIRTIME TELECOMMUNICATION) (“DATO SAIZO”) VS CELCOM (MALAYSIA) BERHAD AND KAMSANI BIN HJ. AHMAD (“KAMSANI”)
Contents
:
Axiata refers to the announcement by Telekom Malaysia Berhad dated 11 October 2007 in relation to the above litigation matter in which Celcom Axiata Berhad [formerly known as Celcom (Malaysia) Berhad] (”Celcom”) was served with a notice of appeal to the Court of Appeal by Dato Saizo against the High Court’s decision in allowing with costs Celcom’s appeal to strike-out the Statement of Claim by Dato Saizo against Celcom and Kamsani.
We wish to announce that the Court of Appeal had today dismissed the appeal filed by Dato Saizo with costs.