SEAL

0.535

+0.02 (+3.9%)

MATERIAL LITIGATION Writ and Statement of Claim by the wholly-owned subsidiary, Seal Properties (KL) Sdn Bhd against Wabina Constructions & Engineering Sdn Bhd (formerly known as Wabina Construction & Engineering Sdn Bhd) vide Suit No. PA-22NCVC-251-12/2019 to the High Court of Malaya at Penang

SEAL INCORPORATED BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Writ and Statement of Claim by the wholly-owned subsidiary, Seal Properties (KL) Sdn Bhd against Wabina Constructions & Engineering Sdn Bhd (formerly known as Wabina Construction & Engineering Sdn Bhd) vide Suit No. PA-22NCVC-251-12/2019 to the High Court of Malaya at Penang

We refer to the announcements dated 16 December 2019, 13 February 2020, 27 March 2020 and 22 April 2020 pertaining to the above subject matter.

 

The Board of Directors of the Company ("Seal") wishes to announce that in view of the Conditional Movement Control Order 3 Phased Plan implemented by Penang State Government, the Court has agreed to further extend the time for Seal to file its Reply and Defence to Counterclaim Wabina Constructions & Engineering Sdn Bhd to 20th May 2020. The matter is also fixed for further case management on 20 May 2020 by way of e-review.

 

The Company will announce any further material development on the case as and when they arise.

 

This announcement is dated 06 May 2020.

 






Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 06 May 2020
Category General Announcement for PLC
Reference Number GA1-06052020-00035