Telekom Malaysia Berhad (TM) refers to its announcement dated 25 February 2022 on the receipt of a Notice of Arbitration dated 24 February 2022 from MYTV Broadcasting Sdn Bhd (MYTV).

TM wishes to announce that it has today, filed its Response to the said Notice of Arbitration. In summary, TM states as follows:

1) TM denies all allegations and claims made by MYTV in its Notice of Arbitration. TM further denies that MYTV is entitled to any of the reliefs sought in the Notice of Arbitration;

2) MYTV had not set out the relevant particulars in their Notice of Arbitration to substantiate their claims for reliefs and remedies against TM. TM reserves all rights in this matter.

3) TM also counterclaims against MYTV for the following reliefs:

a) RM90,200,908.92, being the Outstanding Charges due and owing by MYTV to TM under the Service Agreement as of 25 March 2022;

b) RM5,539,212.55 being the Late Payment Charges due and owing by MYTV to TM under the Service Agreement as of 25 March 2022 and continuing;

c) Such other sums as may be due and owing by MYTV to TM under the Service Agreement as of the date of the Award or such other date as may be deemed fit by the Arbitral Tribunal;

d) Interest;

e) Costs of and incidental to this arbitration; and

f) Such further or other relief that the Arbitral Tribunal deems fit.

Further announcement will be made if there are any material developments in respect of this matter.

This announcement is dated 25 March 2022.

Announcement Info