TM application dismissed

Published: 2010/08/10

THE application by Telekom Malaysia Bhd (TM) and its wholly-owned subsidiary, TM Net Sdn Bhd (TM Net) to strike-out the writ and amended statement of claim by Network Guidance (M) Sdn Bhd was dismissed with costs by the High Court yesterday.

“TM and TM Net are presently seeking legal advice on whether to appeal to the Court of Appeal against the decision of the High Court,” TM said in a statement to Bursa Malaysia Bhd.

A year ago, TM and TM Net were served with a writ of summons and statement of claim by Network Guidance in connection with a purported joint venture regarding a project described in the statement as Fine TV Services.

Read more: TM application dismissed http://www.btimes.com.my/Current_News/BTIMES/articles/20100810001806/Article/#ixzz0wcYV4G85