Aussie Broadband plans to serve a notice on Superloop directors in the next day or two, its legal counsel said in court.
Already a subscriber?Aussie Broadband plans to ask the directors of rival internet provider Superloop for copies of emails and WhatsApp messages as it tries to hang onto its near 20 per cent stake in the smaller company.
Aussie Broadband plans to serve a notice on the Superloop directors in the next day or two, its legal counsel said in court.due to an alleged breach of Superloop’s constitution.Superloop’s seven board directors have been named as respondents to Aussie Broadband’s application.Aussie Broadband acknowledges it failed to get permission from Singaporean regulators before acquiring shares in Superloop, which has a Singaporean subsidiary, in late February.
Aussie Broadband has applied retrospectively to Singapore’s Info-communications Media Development Authority for permission to keep its 19.9 per cent stake in Superloop.
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