HANDAL

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MATERIAL LITIGATION HANDAL ENERGY BERHAD - Legal Suit by Handal Energy Berhad against Brian Chang, Tracy Chang, Emily Soon Wai Chin, Calm Oceans Pte Ltd and Brian Chang Holdings Ltd

HANDAL ENERGY BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
HANDAL ENERGY BERHAD 
- Legal Suit by Handal Energy Berhad against Brian Chang, Tracy Chang, Emily Soon Wai Chin, Calm Oceans Pte Ltd and Brian Chang Holdings Ltd

(Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcement in relation to the Legal Suit by Handal Energy Berhad against Brian Chang, Tracy Chang, Emily Soon Wai Chin, Calm Oceans Pte Ltd and Brian Chang Holdings Ltd dated 1 September 2020)

 

Reference is made to the Company’s announcement made on 1 September 2020, 3 September 2020 and 30 September 2020.
 
Handal Energy Berhad (“Handal” or “the Company”) wishes to announce that during the hearing of the application for leave for external service held on 10 November 2020, the Court granted leave under Order 11 Rule 1, Rules of Court 2012 (“RC 2012") for, inter alia, the writ and statement of claim to be served on Brian Chang, Tracy Chang, Emily Soon Wai Chin and Calm Oceans Pte Ltd, being the 1st to 4th Defendants, in Singapore and to Brian Chang Holdings Ltd, being the 5th Defendant, in British Virgin Islands as the Plaintiffs were able to satisfy the Court that the Plaintiffs had a good cause of action under Order 11 Rule 4 RC 2012.

 

Further announcement will be made to Bursa Malaysia Securities Berhad if there is any significant development in respect of this matter.
 

This announcement is dated 11 November 2020.






Announcement Info

Company Name HANDAL ENERGY BERHAD
Stock Name HANDAL
Date Announced 11 Nov 2020
Category General Announcement for PLC
Reference Number GA1-11112020-00017