MATERIAL LITIGATION E.A TECHNIQUE (M) BERHAD ADJUDICATION DECISION DATED 4 DECEMBER 2019 IN RESPECT OF ADJUDICATION REFERENCE NO.: ADJ-2638-2019 BETWEEN MALAYSIA MARINE HEAVY ENGINEERING SDN BHD AND E. A. TECHNIQUE (M) BERHAD
| E.A.TECHNIQUE (M) BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | E.A TECHNIQUE (M) BERHAD ADJUDICATION DECISION DATED 4 DECEMBER 2019 IN RESPECT OF ADJUDICATION REFERENCE NO.: ADJ-2638-2019 BETWEEN MALAYSIA MARINE HEAVY ENGINEERING SDN BHD AND E. A. TECHNIQUE (M) BERHAD |
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E.A. Technique (M) Berhad (“Company”) refers to the announcements dated 29 May 2019, 31 May 2019, 3 June 2019, 7 June 2019, 21 June 2019, 8 July 2019, 18 July 2019, 23 July 2019, 30 August 2019, 14 October 2019, 24 October 2019, 15 November 2019, 19 December 2019, 4 March 2020, 2 June 2020, 14 July 2020 and 25 August 2020 made by the Company in respect of the Adjudication Decision dated 27 May 2019. The Board of Directors of the Company wishes to announce that on 27 October 2020, the High Court of Kuala Lumpur has delivered its decision in respect of the Company’s application to stay Adjudication Decision vide OS No. WA-24C-217-10/2019.
The High Court of Kuala Lumpur has dismissed the Company’s application to stay the Adjudication Decision.
The Company is in the midst of reviewing the possible options and may, among others, file an appeal.
This announcement is dated 28 October 2020 |
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Announcement Info
| Company Name | E.A.TECHNIQUE (M) BERHAD |
| Stock Name | EATECH |
| Date Announced | 28 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28102020-00070 |