MATERIAL LITIGATION KUB MALAYSIA BERHAD (KUBM) IN THE HIGH COURT OF MALAYA AT SHAH ALAM (COMPANIES WINDING UP) NO. BA-28NCC-773-11/2019 BETWEEN MEDAN SEPADU SDN BHD (30% EQUITY INTEREST IN THE RESPONDENT), LEMBAGA AMANAH KEBAJIKAN KAUM MELANAU SARAWAK (10% EQUITY INTEREST IN THE RESPONDENT) (THE PETITIONERS) AND KUB SEPADU SDN BHD (FORMERLY KNOWN AS SASARAN BITARA SDN BHD) (THE RESPONDENT)
| KUB MALAYSIA BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | KUB MALAYSIA BERHAD (KUBM) IN THE HIGH COURT OF MALAYA AT SHAH ALAM (COMPANIES WINDING UP) NO. BA-28NCC-773-11/2019 BETWEEN MEDAN SEPADU SDN BHD (30% EQUITY INTEREST IN THE RESPONDENT), LEMBAGA AMANAH KEBAJIKAN KAUM MELANAU SARAWAK (10% EQUITY INTEREST IN THE RESPONDENT) (THE PETITIONERS) AND KUB SEPADU SDN BHD (FORMERLY KNOWN AS SASARAN BITARA SDN BHD) (THE RESPONDENT) |
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(Unless otherwise stated, all abbreviations and definitions used in this announcement shall have the same meaning as those defined in the announcements dated 18 and 30 December 2019).
Further to our announcements dated 18 and 30 December 2019, the Board of Directors of KUBM (the ‘Board’) wishes to announce that during the Case Management on 23 January 2020, the Shah Alam High Court directed the Petitioners and the Opposing Contributory to file further documents before the next Case Management date on 2 March 2020 in relation to the Petition and the Setting Aside Application. Their hearing date of 4 March 2020 remains unchanged.
Further development of the above matter will be announced in due course.
This announcement is dated 23 January 2020. |
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Announcement Info
| Company Name | KUB MALAYSIA BERHAD |
| Stock Name | KUB |
| Date Announced | 23 Jan 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23012020-00077 |