ADVCON

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MATERIAL LITIGATION ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") 
SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

Reference is made to the Company’s announcements made on 17 December 2021, 7 January 2022, 9 February 2022, 9 March 2022, 15 July 2022, 9 February 2023, 5 April 2023, 14 June 2023, 15 August 2023, 12 October 2023, 4 December 2023, 7 February 2024, 27 March 2024, 11 September 2024, 8 November 2024,15 November 2024, 3 March 2025, 24 June 2025, 16 October 2025, 6 January 2026, 7 January 2026, 21 January 2026, 23 January 2026 and 4 February 2026 in relation to the Civil Suit No. BA-23NCVC-24-04/2021 Zeti Ismrizan Binti Isa & 5 Ors vs. Spring Energy Sdn Bhd (“Suit 24”). Unless otherwise stated, the terms stated herein shall have the same meaning as defined in the earlier announcements.

 

The Board of Directors of Advancecon wishes to announce that the Court of Appeal has allowed SESB's motion for an extension of time to file the Notice of Appeal and has awarded costs of RM1,000.00 each to the 1st, 2nd, 3rd, 6th, 7th, 8th and 9th Respondents, and RM1,000.00 jointly to the 4th and 5th Respondents.

 

Any further material development of the above matter will be announced in due course.

 

This announcement is dated 12 March 2026.






Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 12 Mar 2026
Category General Announcement for PLC
Reference Number GA1-12032026-00025