The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in our earlier announcements in relation to the Decision by MyCC.
We refer to our earlier announcements dated 12 July 2018, 20 August 2018, 3 September 2018 and 26 February 2021 in relation to the Decision by MyCC.
The Board of Directors of the Company wishes to announce that Dagang Net, a wholly-owned subsidiary of the Company, had on 17 March 2021 filed its Notice of Appeal at the Competition Appeal Tribunal (“CAT”) to appeal against the Decision. Dagang Net has also filed an application for a Stay of Execution of the Decision pending the disposal of Dagang Net’s appeal at the CAT.
The Company will make the necessary announcements on any material development in respect of the matter as and when necessary.
This announcement is dated 17 March 2021.