Temasek to fight against Indonesia telecom ruling

Reuters - India
9 May 2008

SINGAPORE, May 9 (Reuters) - Singapore state investor Temasek said on Friday it will appeal against the Indonesian court ruling which upheld the country's anti-trust body ordering Temasek and its affiliates to sell two of their Indonesian telecoms unit.

"Temasek will appeal the District Court's decision under the laws of Indonesia and continue to seek legal redress," it said in a statement.

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