GUH

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MATERIAL LITIGATION GUH HOLDINGS BERHAD Update on legal proceedings between Nine Hundred Builders Sdn. Bhd. and Teknoserv Engineering Sdn. Bhd. (a wholly-owned subsidiary of the Company)

GUH HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
GUH HOLDINGS BERHAD 
Update on legal proceedings between Nine Hundred Builders Sdn. Bhd. and Teknoserv Engineering Sdn. Bhd. (a wholly-owned subsidiary of the Company)

Further to the announcements made on 13 November, 4 December, 24 December 2019, 20 March, 20 April, 27 May, 4 June, 16 June, 29 June, 14 July, 22 July, 28 October and 12 November 2020, the Company wishes to announce the following in relation to the High Court proceedings between Teknoserv Engineering Sdn. Bhd. (“Teknoserv”), a wholly-owned subsidiary of the Company, against Nine Hundred Builders Sdn. Bhd. (“NHB”) in relation to the Adjudication Decision dated 19 March 2020 (“Adjudication Decision”).

 

The Court has informed that the case management of the Setting Aside/Stay Application, Enforcement Application and the Stay pending Arbitration Application (Civil Suit) which was previously fixed on 7 January 2021 has been rescheduled to 4 February 2021 as the Construction Court is not operating on the former date.

 

The Company will make further announcements on the outcome of the joint hearing and other material developments in this matter from time to time.

 

This announcement is dated 6 January 2021.






Announcement Info

Company Name GUH HOLDINGS BERHAD
Stock Name GUH
Date Announced 06 Jan 2021
Category General Announcement for PLC
Reference Number GA1-06012021-00024