JAKS

0.135

-0.005 (-3.6%)

MATERIAL LITIGATION JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee

JAKS RESOURCES BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
JAKS Resources Berhad ("JRB" or the "Company") 

Star Media Group Berhad ("STAR") Claim on Corporate Guarantee

Further to the announcement made by the Company on 25 November 2020, the Board of Directors wishes to announce that the hearing of the Company's Application for Stay of Execution pursuant to Section 73 and Section 43 of the Courts of Judicature Act 1964 which was fixed for hearing on 11 January 2021 is vacated and the Court has re-fixed a new hearing date on 24 March 2021.

 

The Company will make further announcement on the developments of the above matter as and when necessary.

 

This announcement is dated 15 January 2021.






Announcement Info

Company Name JAKS RESOURCES BERHAD
Stock Name JAKS
Date Announced 15 Jan 2021
Category General Announcement for PLC
Reference Number GA1-15012021-00064