KHEESAN

0.270

-0.005 (-1.8%)

MATERIAL LITIGATION KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-466-09/2020 KHEE SAN BERHAD AND KHEE SAN FOOD INDUSTRIES SDN BHD ("PLAINTIFFS") VS BANK OF CHINA (MALAYSIA) BERHAD ("DEFENDANT")

KHEE SAN BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-466-09/2020
KHEE SAN BERHAD AND KHEE SAN FOOD INDUSTRIES SDN BHD ("PLAINTIFFS") VS BANK OF CHINA (MALAYSIA) BERHAD ("DEFENDANT")

We refer to the Company’s announcements made on 8 August 2019, 14 August 2019, 15 August 2019, 4 September 2019, 30 September 2019, 1 October 2019, 1 November 2019, 22 November 2019, 2 December 2019, 5 December 2019, 2 January 2020, 7 January 2020, 9 January 2020, 22 January 2020, 3 February 2020, 6 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 9 June 2020, 24 July 2020 and 28 August 2020 in relation to the default in payment to BOC and with reference to the announcements made on 28 September 2020, 7 October 2020 and 22 October 2020 in respect of the Writ of Summons and Statement of Claim filed by the Company and its wholly owned subsidiary, Khee San Food Industries Sdn Bhd ("Plaintiffs") against BOC ("Defendant").

 

The Company's solicitors, Messrs Krish Maniam & Co. had notified the Company that on 19 January 2021, this matter came up for Hearing via e-Review for Enclosure 5 (Defendant’s Striking Out Application) and the Court has directed the Plaintiffs to file and serve the Submission In Reply on or before 20 January 2021.

 

The Hearing has been re-fixed on 22 January 2021.

 

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.

 

This announcement is dated 19 January 2021.






Announcement Info

Company Name KHEE SAN BERHAD
Stock Name KHEESAN
Date Announced 19 Jan 2021
Category General Announcement for PLC
Reference Number GA1-19012021-00125