Stock Exchange Filings
Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description |
KUALA LUMPUR HIGH COURT CIVIL SUIT NO: D1-22-1960-2008 CELCOM (MALAYSIA) BERHAD (CELCOM) & TECHNOLOGY RESOURCES INDUSTRIES BERHAD (TRI) VS TAN SRI DATO TAJUDIN BIN RAMLI (TSDTR) & 6 OTHERS |
|
Axiata Group Berhad (“Axiata”) refers to its announcement dated 9 April 2 014 and 10 April 2014 in respect of the applications by i) TSDTR and Dato' Bistamam bin Ramli; and ii) Dieter Sieber, Dr. Frank-Reinhard Bartsch, Joerg Andreas Boy, Axel Hass and Oliver Tim Axmann (“Applicants”) to the Federal Court for leave to appeal against the decision of the Court of Appeal dated 11 March 2014 (“Leave Applications”). Axiata wishes to announce that the Federal Court today dismissed the Leave Applications with costs of RM15,000.00 to be paid by each of the group of Applicants i) and ii) above to Celcom and TRI. Consequently, the proceeding in the High Court shall resume. Axiata will make further announcements from time to time in respect of any material developments on this matter.
The announcement is dated 1 April 2016. |
|
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 01 Apr 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01042016-00025 |
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