AXIATA - MATERIAL LITIGATION
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 12 Mar 2014 |
Category | General Announcement |
Reference No | AG-140312-455B6 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | KUALA LUMPUR HIGH COURT CIVIL SUIT NO: D5-22-610-2006 1) CELCOM (MALAYSIA) BERHAD ("CELCOM") 2) TECHNOLOGY RESOURCES INDUSTRIES BERHAD ("TRI") VS TAN SRI DATO' TAJUDIN BIN RAMLI ("TSDTR") AND 8 OTHERS |
Axiata Group Berhad (“Axiata”) refers to the announcements dated 6 February 2009 by TM International Berhad and 30 June 2010 by Axiata. Axiata wishes to announce that the Court of Appeal had on 11 March 2014 dismissed with costs the appeals filed by (i) TSDTR and Dato’ Bistamam bin Ramli against the decision of the High Court dated 6 February 2009 and (ii) Dieter Sieber, Dr. Frank-Reinhard Bartsch, Joerg Andreas Boy, Axel Hass and Oliver Tim Axmann (“Defendants”) against the decision of the High Court dated 30 June 2010. The Court of Appeal also orderd that the proceedings in the High Court be stayed pending the disposal of the Defendants’ applications for leave to appeal to the Federal Court. This announcement is dated 12 March 2014. |
AXIATA - MATERIAL LITIGATION
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 12 Mar 2014 |
Category | General Announcement |
Reference No | AG-140312-490D9 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | KUALA LUMPUR HIGH COURT CIVIL SUIT NO: D1-22-1960-2008 CELCOM (MALAYSIA) BERHAD (“CELCOM”) & ANOTHER VS TAN SRI DATO’ TAJUDIN BIN RAMLI (“TSDTR”) & 6 OTHERS |
Axiata Group Berhad (“Axiata”) refers to its announcements dated 31 July 2009 and 28 October 2010. Axiata wishes to announce that the Court of Appeal had on 11 March 2014 dismissed with costs appeals filed by (i) TSDTR and Dato’ Bistamam bin Ramli and (ii) Axel Hass, Oliver Tim Axmann and DeTeAsia Holding Gmbh (“Defendants”). This announcement is dated 12 March 2014. |
AXIATA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 12 Mar 2014 |
Category | General Announcement |
Reference No | MM-140312-61581 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | PROPOSED ACQUISITION BY PT XL AXIATA TBK., A SUBSIDIARY OF AXIATA GROUP BERHAD, OF AN EQUITY INTEREST IN PT AXIS TELEKOM INDONESIA |
(Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the announcement dated 26 September 2013 in relation to the Proposed Acquisition.) We refer to the announcements dated 26 September 2013, 2 December 2013, 6 February 2014 and 10 March 2014 in relation to the Proposed Acquisition. On behalf of the Board of Axiata, CIMB is pleased to announce that the Proposed Acquisition has become unconditional, following the fulfilment of all conditions precedent stipulated in the SPA, on 11 March 2014. This announcement is dated 12 March 2014. |
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