Material Litigation

10 October 2023

Type Announcement
Subject MATERIAL LITIGATION
Description

ARBITRATION BETWEEN MYTV BROADCASTING SDN BHD AND TM TECHNOLOGY SERVICES SDN BHD (FORMERLY KNOWN AS WEBE DIGITAL SDN BHD) (WHICH HAS TAKEN OVER THE RIGHTS, ASSETS AND LIABILITIES FROM TELEKOM MALAYSIA BERHAD (REGISTRATION NO.: 198401016183 (128740-P)) THROUGH A VESTING ORDER DATED 21 FEBRUARY 2023)

We refer to our previous announcement dated 11 August 2023 wherein it was announced that TM Technology Services Sdn Bhd (“TM”), a wholly-owned subsidiary of Telekom Malaysia Berhad, has received a Reply and Defence to TM’s Counterclaim dated 10 August 2023 from MYTV Broadcasting Sdn Bhd ("MYTV").


The company has on 10 October 2023, filed its Reply to MYTV’s Defence to TM’s Counterclaim at the Asian International Arbitration Centre.


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


This announcement is dated 10 October 2023.




Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TM
Date Announced 10 Oct 2023
Category General Announcement for PLC
Reference Number GA1-10102023-00021