Axiata Group Berhad ("Axiata") - Formation of Board Sub-Committee
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We refer to our media release dated 29 December 2010 entitled 'Axiata's response to the Settlement Case of Alcatel Lucent with the U.S Securities and Exchange Commission (SEC) and the Department of Justice’.
We would like to inform that a Board sub-Committee has been established by Axiata to conduct an independent and comprehensive internal investigation into the allegations potentially linking to its subsidiaries. The Board sub-Committee is chaired by David Lau Nai Pek, the Chairman of Board Audit Committee of Axiata.
Axiata will synchronize its efforts and work closely with Telekom Malaysia Berhad (“TM”) on the investigations and as of today have jointly appointed the following parties to provide assistance in the said internal investigation:
