Quick take: TM falls on news the company is being sued

KUALA LUMPUR: The share price of Telekom Malaysia Bhd (TM) fell nearly 2% in early trade Friday, after Malaysian Football League LLP (MFL) sued TM over breach of contract.

The telco giant, one of the top losers, fell some 1.86%, or six sen to RM3.16.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
TM , Telekom Malaysia , MFL

Next In Business News
Trading ideas: IJM, Dayang, Mitrajaya, KKB, Greentronics, LFE, Swift, ICT Zone, PJBumi, Reservoir Link, MyTech, Reneuco. One Gasmaster, ISF, Ancom Nylex
IMF raises Malaysia's real GDP growth forecast to 4.3% for 2026, 2027
Oil rises on Kazakh supply disruptions, upbeat data
Wall St posts biggest daily drop in three months
Sarawak Oil Palms eyes higher dividends amid�strong earnings
Ancom Nylex reports better 2Q net profit
MyTech takeover bid turns unconditional�
Benign inflation supports Malaysia growth outlook
ESG themes to shape investment decisions
Trade performance hits another high last year

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.