MATERIAL LITIGATION KHIND HOLDINGS BERHAD ("THE COMPANY" OR "KHIND") - LEGAL SUIT FILED BY KHIND ELECTRICAL (MALAYSIA) SDN BHD ("KEMSB"), A WHOLLY-OWNED SUBSIDIARY OF KHIND AGAINST MAHA TENAGA JAYA TECHNOLOGY SDN BHD ("MTJTSB")
KHIND HOLDINGS BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | KHIND HOLDINGS BERHAD ("THE COMPANY" OR "KHIND") - LEGAL SUIT FILED BY KHIND ELECTRICAL (MALAYSIA) SDN BHD ("KEMSB"), A WHOLLY-OWNED SUBSIDIARY OF KHIND AGAINST MAHA TENAGA JAYA TECHNOLOGY SDN BHD ("MTJTSB") |
(All abbreviations used in this announcement shall have the same meanings as defined in the announcements made on the dates below, unless otherwise stated or defined herein)
Further to the announcements made on 15 July 2015, 23 July 2015, 18 August 2015, 25 November 2015, 20 May 2016, 24 August 2016, 24 November 2016, 29 November 2016, 22 December 2016, 25 January 2017, 22 February 2017, 16 March 2017, 31 March 2017, 5 April 2017, 20 July 2017, 24 August 2017, 14 September 2017, 11 October 2017, 30 October 2017, 22 November 2017, 30 November 2017, 22 December 2017, 12 January 2018, 19 January 2018, 7 March 2018, 27 March 2018, 11 April 2018, 21 June 2018, 30 July 2018, 9 August 2018, 4 September 2018, 25 September 2018, 23 November 2018, 9 January 2019, 30 January 2019, 28 February 2019, 16 April 2019, 24 April 2019, 30 May 2019, 11 July 2019, 26 July 2019, 6 August 2019, 26 August 2019, 1 October 2019, 2 October 2019, 22 November 2019, 9 January 2020, 7 February 2020, 27 March 2020, 30 March 2020 and 4 April 2020, the Board of Directors wishes to inform that the Court of Appeal has delivered the Decision as follows:-
1. Mr. Manoharan A/L Veera Perumal’s Appeal is allowed with cost of RM20,000.00 to be paid by KEMSB to Mr. Manoharan A/L Veera Perumal; 2. The High Court's Decision against Mr. Manoharan A/L Veera Perumal is set aside; and 3. KEMSB’s Cross Appeal (on the RM500,000 limit) is dismissed.
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Announcement Info
Company Name | KHIND HOLDINGS BERHAD |
Stock Name | KHIND |
Date Announced | 24 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-24082020-00038 |