6572

0.000

(%)

MATERIAL LITIGATION In the Civil Application No. 08(f)-147-07/2020(S) between Inno Integrasi Sdn Bhd ("Applicant") and Kwantas Oil Sdn Bhd ("Respondent"), a wholly-owned subsidiary of Kwantas Corporation Berhad ("the Company"), in the Federal Court of Malaysia

KWANTAS CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
In the Civil Application No. 08(f)-147-07/2020(S) between Inno Integrasi Sdn Bhd ("Applicant") and Kwantas Oil Sdn Bhd ("Respondent"), a wholly-owned subsidiary of Kwantas Corporation Berhad ("the Company"), in the Federal Court of Malaysia

Further to our announcement dated 3rd October 2017, 2nd January 2018, 21st February 2019, 3rd April 2019, 21st January 2020 and 19th June 2020 in respect of the above litigation, the Board of Directors of the Company wishes to advise that the Applicant filed a Notice of Motion to the Federal Court, seeking for leave to appeal against the Court of Appeal's decision.

The Court has fixed the hearing on 10th December 2020.

This announcement is dated 12th November 2020.






Announcement Info

Company Name KWANTAS CORPORATION BERHAD
Stock Name KWANTAS
Date Announced 12 Nov 2020
Category General Announcement for PLC
Reference Number GA1-12112020-00052