KUALA LUMPUR: Astro Malaysia Holdings Bhd said yesterday its subsidiary Measat Broadcast Network Systems had not breached a mutual non-disclosure agreement signed on August 1 2008 with AV Asia Sdn Bhd. Hence, the Arbitral Tribunal had dismissed the counterclaim by AV Asia and ordered it to pay US$1.05 million (RM3.44 million) costs to Measat, Astro said in a filing to Bursa Malaysia.
To continue reading the rest of the article, click here