MATERIAL LITIGATION KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-365-09/2014 LEGAL SUIT BY AMBANK (M) BERHAD AGAINST METAL RECLAMATION (INDUSTRIES) SDN BHD, METAL RECLAMATION BHD, LIM GOH ENG HOLDINGS SDN BHD, LIM CHENG SANG AND LIM CHOON YAN ("THE SUIT BY AMBANK")
| METAL RECLAMATION BHD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-365-09/2014 LEGAL SUIT BY AMBANK (M) BERHAD AGAINST METAL RECLAMATION (INDUSTRIES) SDN BHD, METAL RECLAMATION BHD, LIM GOH ENG HOLDINGS SDN BHD, LIM CHENG SANG AND LIM CHOON YAN ("THE SUIT BY AMBANK") |
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Reference is made to the Company's announcements dated 30 September 2014, 3 October 2014, 7 October 2014, 23 October 2014 and 7 November 2014. The Board of Directors of Metal Reclamation Bhd ("MRB" or "the Company") hereby announces that pursuant to the hearing today, the Judicial Commissioner ("JC") has allowed AmBank (M) Berhad's application for Summary Judgment against Metal Reclamation (Industries) Sdn Bhd and MRB for the sum of RM1,753,000.00 with costs of RM5,000.00. The Company will continue to make further announcement(s), if any, with regards to any new developments in respect of the above matter to Bursa Malaysia Securities Berhad. This announcement is dated 15 June 2015. |
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Announcement Info
| Company Name | METAL RECLAMATION BHD |
| Stock Name | METALR |
| Date Announced | 15 Jun 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15062015-00038 |