SEAL

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MATERIAL LITIGATION Writ and Statement of Claim by the wholly-owned subsidiary, Seal Properties (KL) Sdn Bhd ("SPKL") against Wabina Constructions & Engineering Sdn Bhd (formerly known as Wabina Construction & Engineering Sdn Bhd) ("Wabina") 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 ("SPKL") against Wabina Constructions & Engineering Sdn Bhd (formerly known as Wabina Construction & Engineering Sdn Bhd) ("Wabina") 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, 22 April 2020, 12 May 2020 and 19 May 2020.

 

The Board of Directors of Seal Incorporated Berhad (“SEAL” or “the Company”) wishes to announce that SPKL had on 19 May 2020, filed a Notice of Application to strike out parts of Wabina Counterclaim.

 

The Company wishes to inform that today, 20 May 2020 was fixed for case management by way of e-Review. The solicitors for the Wabina requested for another case management date to enable them to file their Reply to our Defence to Counterclaim. The Court has fixed the matter for further case management by way of e-review on 3 June 2020.

Further material development on the matter will be announced accordingly.

 

This announcement is dated 20 May 2020.






Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 20 May 2020
Category General Announcement for PLC
Reference Number GA1-20052020-00113