DRBHCOM

1.460

+0.03 (+2.1%)

MATERIAL LITIGATION DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY") - UPDATE ON CIVIL COMPLAINT BY GOLDSTAR HEAVY INDUSTRIAL CO. LTD. ("GOLDSTAR" OR "PLAINTIFF") AGAINST PROTON AUTOMOBILES (CHINA) LTD ("PACL") AND PERUSAHAAN OTOMOBIL NASIONAL SDN BHD ("PONSB") AT GUANGDONG HIGH PEOPLE'S COURT ("GHC")

DRB-HICOM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY")
- UPDATE ON CIVIL COMPLAINT BY GOLDSTAR HEAVY INDUSTRIAL CO. LTD. ("GOLDSTAR" OR "PLAINTIFF") AGAINST PROTON AUTOMOBILES (CHINA) LTD ("PACL") AND PERUSAHAAN OTOMOBIL NASIONAL SDN BHD ("PONSB") AT GUANGDONG HIGH PEOPLE'S COURT ("GHC")

With reference to the announcements made on 23 January 2018, 17 January 2019, 28 February 2020, 27 May 2020, 15 June 2020 and 22 June 2020, the Company wishes to update that the Company had been notified by its appointed lawyers yesterday morning that the Supreme People’s Court in Beijing (“SPC”) had fixed 7 July 2020 afternoon as the online hearing date for the appeal filed by PONSB on the Ruling made by the GHC on PONSB’s jurisdictional challenge. The hearing proceeded and both parties have been directed by the SPC to submit their written submissions within 10 days hereof.

 

This announcement is dated 8 July 2020.






Announcement Info

Company Name DRB-HICOM BERHAD
Stock Name DRBHCOM
Date Announced 08 Jul 2020
Category General Announcement for PLC
Reference Number GA1-08072020-00076