MATERIAL LITIGATION NOTICE OF ARBITRATION PURSUANT TO ARBITRATION RULES OF THE SINGAPORE INTERNATIONAL ARBITRATION CENTRE ARBITRATION NO: ARB 153/20/AYP BETWEEN VODOKE PTE LTD (COMPANY NO: 201226907M) AND TELEKOM MALAYSIA BERHAD (128740-P)
| TELEKOM MALAYSIA BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | NOTICE OF ARBITRATION PURSUANT TO ARBITRATION RULES OF THE SINGAPORE INTERNATIONAL ARBITRATION CENTRE ARBITRATION NO: ARB 153/20/AYP BETWEEN VODOKE PTE LTD (COMPANY NO: 201226907M) AND TELEKOM MALAYSIA BERHAD (128740-P) |
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Telekom Malaysia Berhad (TM) refers to its previous announcement dated 1 November 2022 wherein it was announced that TM received an Originating Application filed by Vodoke Pte Ltd (VPL) at the High Court of Singapore dated 6 October 2022 seeking a relief to set aside the Award on liability dated 6 July 2022 issued by the Singapore International Arbitration Centre in favour of TM.
TM wishes to announce that on 27 January 2023, the High Court of Singapore dismissed VPL’s Originating Application with cost of SGD25,000.00, thereby preserving the Award in TM’s favour.
TM shall make further announcement if there are any material developments in respect of this matter.
This announcement is dated 30 January 2023. |
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Announcement Info
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 30 Jan 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30012023-00017 |