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Brightstar in bid to keep books secret
[November 23, 2009]

Brightstar in bid to keep books secret


Nov 23, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Mobile telephone handsets supplier, Brightstar Logistics, is engaged in action in the Federal Court of Australia. Brightstar has objected to a ruling by the Australian Administrative Appeals Tribunal that it must lodge its financial statements with the nation's securities regulator. It has argued it should not be required to lodge the statements, as release of the information to its suppliers could leave it exposed to "economic harm". Brightstar wishes to keep the value of its contract with telco Telstra confidential.

Publication Date: 24 November 2009 TELSTRA CORPORATION LIMITED - ASX TLS BRIGHTSTAR LOGISTICS PTY LTD AUSTRALIA. ADMINISTRATIVE APPEALS TRIBUNAL FEDERAL COURT OF AUSTRALIA AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

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