Telekom Malaysia Berhad refers to its previous announcements dated 13 February 2023 and 15 February 2023 pursuant to the filing of the Statement of Claim dated 10 February 2023 by MYTV Broadcasting Sdn Bhd (“MYTV” or “Claimant”).

Following the Vesting Order granted by the Kuala Lumpur High Court on 21 February 2023 in Originating Summons No. Wa-24NCC-15-01/2022, Telekom Malaysia Berhad has been substituted with TM Technology Services Sdn Bhd (“Respondent” or “the company”) as respondent in the arbitration, with effect from 1 March 2023. The Respondent is a wholly owned subsidiary of Telekom Malaysia Berhad.

We wish to announce that the company has filed a Statement of Defence and Counterclaim dated 10 May 2023 to seek the following reliefs from MYTV:

1. RM84,018,254.52, being the outstanding Service Charges due and owing by MYTV under the Service Agreement as of 30.4.2023;
2. RM13,540,960.20, being the wasted costs and expenditure incurred by the company in relation to the 16 sites where Direct to Home Services were provided;
3. RM15,623,156.41, being the Late Payment Charges due and owing by MYTV under the Service Agreement as of 30.4.2023;
4. Such other sums as may be due and owing by MYTV to the company under the Service Agreement as of the date of the Award, or such other date which the Arbitral Tribunal deems fit;
5. Pre and post award Interest;
6. Costs of and incidental to this arbitration; and
7. 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 10 May 2023.

Announcement Info