MATERIAL LITIGATION In the matter of Suit No. S-02(NCvC)(W)-187-01/2018 between Inno Integrasi Sdn Bhd ("Appellant") and Kwantas Oil Sdn Bhd ("Respondent"), a wholly-owned subsidiary of Kwantas Corporation Berhad ("the Company"), In the Court of Appeal, Malaysia ("the Court")
| KWANTAS CORPORATION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | In the matter of Suit No. S-02(NCvC)(W)-187-01/2018 between Inno Integrasi Sdn Bhd ("Appellant") and Kwantas Oil Sdn Bhd ("Respondent"), a wholly-owned subsidiary of Kwantas Corporation Berhad ("the Company"), In the Court of Appeal, Malaysia ("the Court") |
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Further to our announcement dated 3rd October 2017, 2nd January 2018, 21st February 2019, 3rd April 2019 and 21st January 2020 in respect of the above litigation, the Board of Directors of the Company wishes to update that hearing was made and the Court had decided to dismiss the Appellant’s appeal with costs of RM30,000.00 subject to payment of allocatur. This announcement is dated 19th June 2020. |
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Announcement Info
| Company Name | KWANTAS CORPORATION BERHAD |
| Stock Name | KWANTAS |
| Date Announced | 19 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19062020-00003 |