| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description |
1. KUALA LUMPUR HIGH COURT CIVIL SUIT NO: D5-22-610-2006 CELCOM BERHAD (FORMERLY KNOWN AS CELCOM AXIATA BERHAD) ("CELCOM") AND CELCOM RESOURCES BERHAD (FORMERLY KNOWN AS TECHNOLOGY RESOURCES INDUSTRIES BERHAD) ("CELCOM RESOURCES") VS TAN SRI DATO' TAJUDIN BIN RAMLI ("TSDTR") & 7 OTHERS ("INDEMNITY SUIT") 2. KUALA LUMPUR HIGH COURT CIVIL SUIT NO: D1-22-1960-2008 CELCOM & CELCOM RESOURCES VS TSDTR & 6 OTHERS ("CONSPIRACY SUIT") |
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CelcomDigi Berhad (formerly known as Digi.Com Berhad) refers to its announcement made on 10 February 2023 in relation to the Indemnity Suit and Conspiracy Suit (collectively “Suits”).
Following the decision of the High Court allowing Celcom and Celcom Resources' claims against TSDTR and Dato’ Bistamam Ramli (“DBR”), and dismissing the latter’s counterclaims in both Suits with costs, the High Court on 29 July 2023 entered Judgment against TSDTR and DBR in the Suits as follows:
As against TSDTR:
(i) The sum of RM214,662,248.15 together with prejudgment interest at the rate of 5% per annum from 26 September 1996 to the date of full realisation.
(ii) The sum of RM231,375,892.94 together with prejudgment interest at the rate of 5% per annum from 23 May 2002 to the date of full realisation.
As against TSDTR and DBR:
(i) The sum of USD232,000,000.00 together with prejudgment interest at the rate of 5% per annum from 27 January 2006 to the date of full realisation.
(ii) Costs of RM2,621,500.00.
The announcement is dated 31 July 2023. |
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| Company Name | CELCOMDIGI BERHAD |
| Stock Name | CDB |
| Date Announced | 31 Jul 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27072023-00040 |
