Corporate

Axiata, Ncell confirms receipt of ICSID’s arbitration award

KATHMANDU: Axiata Group Berhad (“Axiata”) refers to the International Centre for Settlement of Investment Disputes (“ICSID”) arbitration proceedings (Case No. ARB/19/15) commenced by Axiata Investments UK Limited (“Axiata UK”), a wholly-owned subsidiary of Axiata, and Ncell Axiata Limited (“Ncell”) against the Federal Democratic Republic of Nepal (“Nepal”) and involving...

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