MATERIAL LITIGATION Kwantas Corporation Berhad ("Kwantas" or "the Company") - Retrial filed by Dongma Palm Industries (Zhangjiagang) Co. Ltd. ("DMPI") in respect of earlier Writ of Summon and Statement of Claim initiated by Shanghai Hengtong Energy Development Co. Ltd. ("SHT" or "the Plaintiff") against DMPI ("the Defendant") [(2020)-1718]
| KWANTAS CORPORATION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Kwantas Corporation Berhad ("Kwantas" or "the Company")
- Retrial filed by Dongma Palm Industries (Zhangjiagang) Co. Ltd. ("DMPI") in respect of earlier Writ of Summon and Statement of Claim initiated by Shanghai Hengtong Energy Development Co. Ltd. ("SHT" or "the Plaintiff") against DMPI ("the Defendant") [(2020)-1718] |
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Reference is made to the previous announcement dated 21st August 2020 in relation to the above retrial. The Board of Directors of Kwantas wishes to inform that the Higher Court of Shanghai in the People's Republic of China had turned down the application for retrial submitted by DMPI earlier. This announcement is dated 24th November 2020. |
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Announcement Info
| Company Name | KWANTAS CORPORATION BERHAD |
| Stock Name | KWANTAS |
| Date Announced | 24 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24112020-00048 |