Contents :

The above appeal by Mobikom was filed based on the decision of the High Court on 10 August 2005 in dismissing Mobikom’s application for, inter alia, an injunction to restrain Inmiss from presenting a Winding-up Petition pending the disposal of Mobikom’s application to set aside the Arbitration Award dated 31 March 2005.

The Court of Appeal has further ordered that:

(a) Inmiss Communication Sdn Bhd (“Inmiss”) be restrained, whether by themselves, or by their servants or agents or otherwise howsoever, from advertising, gazetting and/or taking any steps in respect of the Kuala Lumpur High Court Companies Winding-up Petition No. D7-28-591-2005 (“Winding-up Petition”) until after the disposal of Mobikom’s application to set aside the Arbitration Award dated 31 March 2005;

(b) the Order of the High Court dated 10 August 2005 in Kuala Lumpur High Court Originating Summons No.D3-24-139-2005, dismissing Mobikom’s application to inter alia restrain the presentation of Winding-up Petition, be set aside; and

(c) the Order dated 6th April 2006 in the Winding-up Petition be stayed until a further Order of Court.

In this connection, Mobikom’s application to set aside the Award dated 31 March 2005 is fixed for mention on 9 August 2006.

TM will furthercontinue to announce any further material development ion this matter. as and when they take place.