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: D2-22-1411-2005 (FORMERLY KNOWN AS SUIT NO. S1-22-144-2005) REGO MULTI-TRADES SDN BHD ("REGO") VS (1) ARAS CAPITAL SDN BHD (ARAS CAPITAL); (2) TAN SRI DATO' TAJUDIN BIN RAMLI ("TSDTR") (BY ORIGINAL ACTION); AND TSDTR VS REGO & 6 OTHERS (BY COUNTERCLAIM) |
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Axiata Group Berhad ("Axiata") refers to its announcement on 21 June 2016 in respect of the judgment on the above matter instituted by Rego (now known as Celcom Trading Sdn Bhd) ("Judgment"). Axiata wishes to announce that Rego had on 1 July 2016, been served with the Notice of Appeal filed by TSDTR with the Court of Appeal against the Judgment. Axiata will make further announcements from time to time in respect of any material developments in this matter. This announcement is dated 4 July 2016. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 04 Jul 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04072016-00034 |