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CABNET

0.215

-0.005 (-2.3%)

MATERIAL LITIGATION (1)Shah Alam High Court (Construction Court)Suit No. BA-24C-5-01/2019 between Cabnet Systems (M) Sdn Bhd (Cabnet Systems)(Plaintiff),Dekad Kaliber Sdn Bhd (Dekad Kaliber)(1st Defendant) and Rimarisan Sdn Bhd (Rimarisan)(2nd Defendant)(Construction Court Suit);and (2)Shah Alam High Court (Civil Division)Suit No. BA-22NCvC-28-01/2019 between Cabnet Systems (Plaintiff), Dekad Kaliber (1st Defendant) and Rimarisan (2nd Defendant)(Civil Court Suit)

CABNET HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
(1)Shah Alam High Court (Construction Court)Suit No. BA-24C-5-01/2019 between Cabnet Systems (M) Sdn Bhd (Cabnet Systems)(Plaintiff),Dekad Kaliber Sdn Bhd (Dekad Kaliber)(1st Defendant) and Rimarisan Sdn Bhd (Rimarisan)(2nd Defendant)(Construction Court Suit);and

(2)Shah Alam High Court (Civil Division)Suit No. BA-22NCvC-28-01/2019 between Cabnet Systems (Plaintiff), Dekad Kaliber (1st Defendant) and Rimarisan (2nd Defendant)(Civil Court Suit)

We refer to the announcements issued on 25 February 2019, 6 March 2019, 9 April 2019, 18 April 2019, 3 May 2019, 23 May 2019, 3 June 2019, 21 June 2019, 31 July 2019, 20 August 2019, 8 October 2019, 20 December 2019, 21 January 2020, 17 February 2020, 28 February 2020, 3 March 2020, 1 April 2020 and 9 April 2020 in relation to the abovesaid Construction Court Suit and Civil Court Suit (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meanings stated in the Announcements.

 

The Company wishes to announce the following updates based on the case management held on 15 May 2020 for the Civil Court Suit.

 

Civil Court Suit

 

The case management held on 15 May 2020, the Court has given following directions: -

 

a)         Hearing for the 1st Defendant's Stay Application and 2nd Defendant's Striking Out Application set on 14 July 2020

b)         Main Submission to be filed on or before 26 June 2020; and

c)         Reply Submission to be filed on or before 7 July 2020.

 

Any further material developments to the abovementioned Construction Court Suit and the Civil Court Suit will be announced as and when these developments materialise.

 

This announcement is dated 19 May 2020.






Announcement Info

Company Name CABNET HOLDINGS BERHAD
Stock Name CABNET
Date Announced 19 May 2020
Category General Announcement for PLC
Reference Number GA1-19052020-00045