Malaysia's pay-TV group Astro awarded only $1m in dispute against Indonesia's Lippo conglomerate

News Tank Football - Paris - News #11401 - Published on 05/11/13 at 19:33
©  D.R.
©  D.R.

A Singapore Appeals Court has lowered to less than $1 million (€741,400) the financial award made to Malaysia’s Astro broadcaster against Indonesia’s Lippo conglomerate over a failed pay-TV venture, on the 01/11/2013. Singapore's High Court upheld a $250 million arbitration award to Astro, on the 23/10/2012.

The two companies set up a pay-TV...

©  D.R.
©  D.R.

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