MATERIAL LITIGATION E.A TECHNIQUE (M) BERHAD (EATECH OR THE COMPANY) - ARBITRATION PROCEEDINGS COMMENCED BY E.A. TECHNIQUE (M) BERHAD AGAINST MALAYSIA MARINE HEAVY ENGINEERING SDN BHD
E.A.TECHNIQUE (M) BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | E.A TECHNIQUE (M) BERHAD (EATECH OR THE COMPANY) - ARBITRATION PROCEEDINGS COMMENCED BY E.A. TECHNIQUE (M) BERHAD AGAINST MALAYSIA MARINE HEAVY ENGINEERING SDN BHD |
E.A. Technique (M) Berhad (“the Company”) refers to the announcement dated 12 November 2020 made by the Company in respect of the Final Award dated 10 November 2020 delivered by the Arbitral Tribunal in the arbitration proceedings commenced by the Company against Malaysia Marine and Heavy Engineering Sdn Bhd (“the Final Award”).
The Board of Directors of the Company wishes to announce that on 14 December 2020, the Company had filed an originating summons for certain questions of law to be determined by the High Court, pursuant to Section 42 of the Arbitration Act 2005, and subsequently for the Final Award to be set aside or varied or remitted to to the Arbitral Tribunal for reconsideration together with the determination on the said questions of law.
Further announcements will be made in respect of any material development thereof.
This announcement is dated 15 December 2020 |
Announcement Info
Company Name | E.A.TECHNIQUE (M) BERHAD |
Stock Name | EATECH |
Date Announced | 15 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-15122020-00063 |