NAIM

0.760

+0.005 (+0.7%)

OTHERS KUALA LUMPUR HIGH COURT CIVIL SUIT NO: WA-22C-108-11/2020

NAIM HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
KUALA LUMPUR HIGH COURT CIVIL SUIT NO: WA-22C-108-11/2020

Reference is made to the Company’s announcement dated 16 November 2020. 

 

Further to the said announcement, the Company wishes to add that based on the Company’s records, the Company is of the view that the claim by Isogress Construction Sdn. Bhd. ("Plaintiff")  is frivolous.  As such, the Company does not expect the claim to succeed and is of the view that the claim does not have material financial and/or operational impact on the Group’s results for the financial year ending 31 December 2020.

 

Notwithstanding, in the event that the claim is allowed by the Court, the financial impact is limited to what is claimed by the Plaintiff in the Statement of Claim. 

 

Dated this 19th day of November, 2020.






Announcement Info

Company Name NAIM HOLDINGS BERHAD
Stock Name NAIM
Date Announced 19 Nov 2020
Category General Announcement for PLC
Reference Number GA1-19112020-00006