SEACERA

0.200

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MATERIAL LITIGATION High Court of Pulau Pinang Originating Summon No. PA-24MFC-236-09/2019 ("OS") filed by Ambank Islamic Berhad ("the Plaintiff") against Seacera Ceramics Sdn Bhd ("the Defendant")

SEACERA GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
High Court of Pulau Pinang Originating Summon No. PA-24MFC-236-09/2019 ("OS") filed by Ambank Islamic Berhad ("the Plaintiff") against Seacera Ceramics Sdn Bhd ("the Defendant")

Reference to the Company’s announcements dated 18 September 2019, 11 October 2019, 12 November 2019, 12 December 2019 and 10 January 2020.

  

The Company wishes to announce that the parties have appeared before the learned Judge YA Dato’ Amarjeet Singh a/l Serjit Singh for the hearing of Originating Summon (OS) on 20.1.2020.

 

The Judge has granted order in terms (OIT) in respect of the said Application. Auction date has been further fixed on 8.4.2020.

 

The Company will seek further legal advice whether to appeal against the decision.

  

This announcement is dated 21 January 2020.






Announcement Info

Company Name SEACERA GROUP BERHAD
Stock Name SEACERA
Date Announced 21 Jan 2020
Category General Announcement for PLC
Reference Number GA1-21012020-00068