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Material Litigation

Back 23 Aug 2016
Type Announcement
Subject MATERIAL LITIGATION
Description

KUALA LUMPUR HIGH COURT (COMMERCIAL DIVISION) SUIT NO. S3-22-370-2004 (FORMERLY SUIT NO. D7-22-2655-2002) TECHNOLOGY RESOURCES INDUSTRIES BERHAD (TRI) VS TAN SRI DATO TAJUDIN BIN RAMLI (1ST DEFENDANT), DATO BISTAMAN RAMLI (2ND DEFENDANT) AND DATO LIM KHENG YEW (3RD DEFENDANT)

Axiata Group Berhad (“Axiata”) refers to its announcement dated 5 February 2016 in respect of the application by the 1st and 2nd Defendants to the Federal Court for leave to appeal against the decision of the Court of Appeal dated 18 January 2016 (“Leave Application”)

 

Axiata wishes to announce that the Federal Court had on 22 August 2016 dismissed the Leave Application with costs of RM20,000.00 to be paid by the 1st and 2nd Defendants to TRI. With the dismissal, the 1st and 2nd Defendants have exhausted all avenues of appeal and the same are now concluded. 

 

This announcement is dated 23 August 2016.

 





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 23 Aug 2016
Category General Announcement for PLC
Reference Number GA1-23082016-00098