Mobikom Sdn Bhd's ("Mobikom") Application For Injunction Against Winding-Up Under Section 218 Of The Companies Act 1965

11 August 2005

Type

Announcement
Subject MOBIKOM SDN BHD’S ("MOBIKOM") APPLICATION FOR INJUNCTION AGAINST WINDING-UP UNDER SECTION 218 OF THE COMPANIES ACT 1965

Contents :

We refer to Telekom Malaysia Berhad’s (“TM”) announcement dated 25 April 2005 in respect of Mobikom’s application for an injunction to restrain Inmiss Communication Sdn Bhd (“Inmiss”) from presenting any petition under Section 218 of the Companies Act 1965 to wind-up Mobikom pending the disposal of Mobikom’s applications to set aside the Arbitration Award in the High Court.


On 28 April 2005, Mobikom obtained an Interim Injunction from the High Court to restrain Inmiss from presenting the said winding-up petition until the final disposal of the application under the Originating Summons (inter parte Injunction).

Following the High Court’s decision on 10 August 2005 in dismissing Mobikom’s application for the said inter parte injunction with costs, TM hereby wishes to announce that it has, on 11 August 2005, filed an appeal against the said decision with the Court of Appeal. Further, a Notice of Motion shall be filed by Mobikom to move the said Court for an injunction under Section 44 of the Court of Judicature Act 1964 in order to preserve the said appeal.

We wish to reiterate that the said decision and the appeal by Mobikom as abovementioned will not have any material financial and operational impact on TM. Announcements on material developments in respect of this matter would be made from time to time.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 11 Aug 2005
Category General Announcement
Reference No TM-050811-41542