Malaysian TV tycoon wins $250 million in dispute

October 23, 2012 22:13

AFP reports: Singapore's high court has awarded Malaysian tycoon of Indian-origin Ananda Krishnan's Astro group $250 million in compensation for a failed joint venture with his Indonesian former business partner James Riady.

The high court, in a decision dated Moday, upheld an arbitration court's earlier ruling in favour of the Malaysian group.

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