JAKS

0.150

-0.005 (-3.2%)

MATERIAL LITIGATION JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee

JAKS RESOURCES BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
JAKS Resources Berhad ("JRB" or the "Company") 

Star Media Group Berhad ("STAR") Claim on Corporate Guarantee

Further to the announcement made by the Company on 3 September 2020, the Board of Directors wishes to announce that due to the Conditional Movement Control Order, the hearing of STAR's application for Stay of Execution pursuant to Section 73 and Section 43 of the Courts of Judicature Act 1964 which is fixed for hearing today is vacated and is now fixed on 25 November 2020.

 

The Company will make further announcement on the developments of the above matter as and when necessary.

 

This announcement is dated 14 October 2020.






Announcement Info

Company Name JAKS RESOURCES BERHAD
Stock Name JAKS
Date Announced 14 Oct 2020
Category General Announcement for PLC
Reference Number GA1-14102020-00111