AEONCR

6.120

-0.11 (-1.8%)

OTHERS AEON CREDIT SERVICE (M) BERHAD ("THE COMPANY") - NOTICES OF ASSESSMENT RAISED ON THE COMPANY

AEON CREDIT SERVICE (M) BERHAD

Type Announcement
Subject OTHERS
Description
AEON CREDIT SERVICE (M) BERHAD ("THE COMPANY") - NOTICES OF ASSESSMENT RAISED ON THE COMPANY

Further to the announcement dated 9 July 2019, the Company wishes to announce that on 2 December 2019, the Shah Alam High Court had granted a stay of proceedings against the civil recovery suit commenced by the Government of Malaysia against the Company. The stay is valid until 1 June 2020 pending the discussions between the parties to explore the possibility of an amicable resolution.

 

The matter has now been fixed for case management at the High Court on 1 June 2020 for further instruction and the High Court advised both parties to proceed with the discussions expeditiously.   

 

The Company will make further announcement(s) as and when there is a material update on the above said matter.

 

This announcement is dated 2 December 2019.






Announcement Info

Company Name AEON CREDIT SERVICE (M) BERHAD
Stock Name AEONCR
Date Announced 02 Dec 2019
Category General Announcement for PLC
Reference Number GA1-02122019-00080