KHEESAN

0.135

(%)

MATERIAL LITIGATION KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-589-11/2020 STANDARD CHARTERED BANK MALAYSIA BERHAD ("PLAINTIFF") VS KHEE SAN BERHAD AND KHEE SAN FOOD INDUSTRIES SDN BHD ("DEFENDANTS")

KHEE SAN BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-589-11/2020
STANDARD CHARTERED BANK MALAYSIA BERHAD ("PLAINTIFF") VS KHEE SAN BERHAD AND KHEE SAN FOOD INDUSTRIES SDN BHD ("DEFENDANTS")

We refer to the Company's announcement made on 16 November 2020 in respect of outstanding sums under General Banking Facilities which included Export invoice Financing Facility due to Standard Chartered Bank Malaysia Berhad and with reference to the announcements made on 3 December 2020 and 11 December 2020 in respect of the Writ of Summons and Statement of Claim filed by Standard Chartered Bank Malaysia Berhad ("Plaintiff") against the Company and its wholly owned subsidiary, Khee San Food Industries Sdn Bhd ("Defendants").

 

The Company's solicitors, Messrs Krish Maniam & Co. had notified the Company that on 25 January 2021, this matter came up for Case Management via e-Review and the Court had directed as follows:

  1. Defendants to file Reply to the Reply to Defence and Reply to Defence to Counter Claim (if any) on or before 1 February 2021; and
  2. Any interlocutory Applications must be filed on or before 8 February 2021.

 

The next Case Management via e-Review has been fixed on 8 February 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 25 January 2021.






Announcement Info

Company Name KHEE SAN BERHAD
Stock Name KHEESAN
Date Announced 25 Jan 2021
Category General Announcement for PLC
Reference Number GA1-25012021-00187