MATERIAL LITIGATION ARBITRATION PROCEEDINGS BY MULTAZAM DEVELOPMENT SDN. BHD. AGAINST FGV PLANTATIONS (MALAYSIA) SDN. BHD. (FORMERLY KNOWN AS FELDA GLOBAL VENTURES PLANTATIONS (MALAYSIA) SDN. BHD.) ARBITRATION NO.: AIAC/D/ADM/-662-2019
FGV HOLDINGS BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | ARBITRATION PROCEEDINGS BY MULTAZAM DEVELOPMENT SDN. BHD. AGAINST FGV PLANTATIONS (MALAYSIA) SDN. BHD. (FORMERLY KNOWN AS FELDA GLOBAL VENTURES PLANTATIONS (MALAYSIA) SDN. BHD.) ARBITRATION NO.: AIAC/D/ADM/-662-2019 |
Further to our announcements dated 7 February 2024, 17 April 2019, 14 December 2018 and 13 November 2018, the Company wishes to update as follows:
The Respondent shall oppose the OS, which is not expected to have any material operational or financial impact on the Respondent or the Company.
Further announcements will be made from time to time in respect of any subsequent material development on this matter.
This announcement is dated 8 May 2024. |
Announcement Info
Company Name | FGV HOLDINGS BERHAD |
Stock Name | FGV |
Date Announced | 08 May 2024 |
Category | General Announcement for PLC |
Reference Number | GA1-08052024-00037 |