Investors

Refence is made to Axiata Group Berhad’s (“Axiata”) announcements dated 13 October 2021 and 6 January 2022 (“Previous Announcements”) and to the above referred article in The Edge.

Axiata wishes to inform that it is aware that Padda Gurtaj Singh, East Pacific Capital Ltd and Tune Strategic Investments Limited (“the Claimants”), being shareholders of Tune Talk Sdn Bhd (“Tune Talk”), have commenced arbitration proceedings against Celcom Axiata Berhad (“Celcom”) and Celcom Mobile Sdn Bhd (“Celcom Mobile”) with regard to a dispute arising between the Claimants, Celcom and Celcom Mobile in their capacity as shareholders of Tune Talk. Axiata is aware that Celcom and Celcom Mobile have responded to the initial arbitration notice and the matter is now pending next steps before the Asian International Arbitration Centre.

In respect of the injunction filed to the High Court of Malaya by the Claimants as referred to in the Previous Announcements,  Axiata wishes to inform that no interim relief and/or injunction has been ordered by the High Court against Axiata, Celcom and/or Celcom Mobile. Axiata will make further announcements as and when there are material developments on the court matter.

This announcement is dated 11 February 2022.