MATERIAL LITIGATION PIMPINAN EHSAN BERHAD ("COMPANY") Kuala Lumpur High Court Civil Suit No.: WA-22NCvC-711-12/2025 Plaintiffs: Cita Kelana Sdn Bhd, Iris Blossom Sdn Bhd, TH Lim Plantation Sdn Bhd and Ultimate Essence Sdn Bhd (collectively, the "Plaintiffs") Defendants: Lim Beng Guan ("Defendant 1"), Jonathan Law Ngee Song ("Defendant 2") and the Company (collectively, the "Defendants")
| PIMPINAN EHSAN BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PIMPINAN EHSAN BERHAD ("COMPANY")
Kuala Lumpur High Court
Civil Suit No.: WA-22NCvC-711-12/2025
Plaintiffs: Cita Kelana Sdn Bhd, Iris Blossom Sdn Bhd, TH Lim Plantation Sdn Bhd and Ultimate Essence Sdn Bhd (collectively, the "Plaintiffs")
Defendants: Lim Beng Guan ("Defendant 1"), Jonathan Law Ngee Song ("Defendant 2") and the Company (collectively, the "Defendants") |
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The Company had, on 24 December 2025, received a copy of Writ of Summons and Statement of Claim dated 12 December 2025 (“Suit”) filed by the Plaintiffs against the Defendants.
The Suit relates to the disputes arising from the call option agreements dated 23 May 2024 entered into between the Plaintiffs and Defendant 1 (“Call Option Agreements”), as advised by Defendant 2 as legal counsel to Defendant 1, involving the rights to acquire the ordinary shares of the Company.
The Company is not a party to the Call Option Agreements and has no dealings whatsoever with the Plaintiffs. The Suit arises solely due to the disputes between the Plaintiffs and Defendant 1.
The Company has appointed solicitors to defend the Suit and the Board of Directors has been advised by the Company's solicitors that the Suit has no merits, and is frivolous, vexatious and amounts to an abuse of the Court’s process. The Company is also advised that there is no basis for it to be named as a party to the Suit. The Suit should therefore be struck out accordingly.
The case management for the Suit is fixed on 9 January 2026.
This announcement is dated 29 December 2025. |
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Announcement Info
| Company Name | PIMPINAN EHSAN BERHAD |
| Stock Name | PEB |
| Date Announced | 29 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29122025-00016 |