Intel sues G-Packet for RM60mil


PETALING JAYA: Intel Capital, which invested in convertible bonds issued by Green Packet Bhd in 2008, has filed a suit seeking RM60mil from the telecommunications company.

In an announcement yesterday, Green Packet disclosed that it had to make changes to its contingent liabilities in its books for the financial year ended Sept 30, 2013 because of a suit served on it by Intel on Sept 27 last year.

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Business , Green Packet , Intel

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