MATERIAL LITIGATION TALAM TRANSFORM BERHAD ("TTB" or "the Company") KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015 (1) PLAINTIFF: UNIVERSAL HEALTHCARE (R&D) SDN BHD (2) DEFENDANT: TALAM TRANSFORM BERHAD AND 3 OTHERS
| TALAM TRANSFORM BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | TALAM TRANSFORM BERHAD ("TTB" or "the Company")
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015 (1) PLAINTIFF: UNIVERSAL HEALTHCARE (R&D) SDN BHD (2) DEFENDANT: TALAM TRANSFORM BERHAD AND 3 OTHERS |
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We refer to our announcement dated 13 April 2016 regarding Civil Suit No. 22NCC-327-10/2015 (“Civil Suit”) by Universal Healthcare (R&D) Sdn Bhd (“Plaintiff”) against TTB and 3 other Defendants who were Directors of Pandan Indah Medical Management Sdn Bhd (In Liquidation), a former subsidiary of TTB.
The Board of Directors wishes to announce that on 6 March 2020, the High Court has delivered its decision that the Plaintiff’s Civil Suit has been dismissed without cost. TTB’s counterclaim is also dismissed with no order as to costs.
This announcement is dated 6 March 2020. |
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Announcement Info
| Company Name | TALAM TRANSFORM BERHAD |
| Stock Name | TALAMT |
| Date Announced | 06 Mar 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06032020-00061 |