SCOMIES

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MATERIAL LITIGATION SCOMI ENERGY SERVICES BHD ("SESB" OR THE "COMPANY") HIGH COURT OF SHAH ALAM CIVIL SUIT NO. BA-22NCC-90-06/2020 FILED BY THE COMPANY AGAINST SCOMI GROUP BHD ("SGB").

SCOMI ENERGY SERVICES BHD

Type Announcement
Subject MATERIAL LITIGATION
Description
SCOMI ENERGY SERVICES BHD ("SESB" OR THE "COMPANY")
HIGH COURT OF SHAH ALAM CIVIL SUIT NO. BA-22NCC-90-06/2020 FILED BY THE COMPANY AGAINST SCOMI GROUP BHD ("SGB").

The Company wishes to announce that the Company had on 22 June 2020, through its Solicitors’ served SGB with a Writ of Summons dated 18 June 2020 (“Suit”). In this Suit, the Company claimed the following from SGB:

 

  1. the sum of RM54,525,036.49 as at 31.3.2020, being the outstanding sum due and owing by SGB to the Company;
  2. interest at the rate of 5% per annum on the final judgement sum from the date of filing of the Suit herein until the date of full and final settlement;
  3. costs; and
  4. such further or other relief and/or orders as deemed fit and proper by the Honourable Court.

 

On 26 November 2020, the High Court of Shah Alam has granted order in terms and SGB has been ordered to pay RM54,525,036.49 to the Company together with interest at the rate of 5% on the judgment sum from 18 June 2020.

 

The Company is currently proceeding with the legal documentation and will make further announcements on any material development in the Suit in due course. 

 

This announcement is dated 26 November 2020.

 






Announcement Info

Company Name SCOMI ENERGY SERVICES BHD
Stock Name SCOMIES
Date Announced 26 Nov 2020
Category General Announcement for PLC
Reference Number GA1-26112020-00099