CME

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MATERIAL LITIGATION CME GROUP BERHAD ("CME' OR "COMPANY") Writ of Summon (Writ) and Statement of Claim filed by Bellajade Sdn Bhd ("Bellajade" of "the Plaintiff") VS 1) CME Group Bhd ("1st Defendant") 2) Others ("2nd Defendant") Kuala Lumpur High Court Suit No. 22NCVC-19-01/2014

CME GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
CME GROUP BERHAD ("CME' OR "COMPANY") Writ of Summon (Writ) and Statement of Claim filed by Bellajade Sdn Bhd ("Bellajade" of "the Plaintiff") VS
1) CME Group Bhd ("1st Defendant")
2) Others ("2nd Defendant")
Kuala Lumpur High Court Suit No. 22NCVC-19-01/2014

(Unless stated otherwise, the words and expressions used in this announcement shall have the same meaning as defined in the Company's announcement dated 12 May 2014, 20 May 2015, 12 June 2015, 22 July 2015, 25 August 2016, 29 August 2017, 13 November 2017, 13 March 2018, 25 September 2018, 4 October 2018, 16 November 2018, 14 February 2019, 25 April 2019, 30 April 2019, 15 May 2019, 18 July 2019 and 14 October 2020)

Reference is made to the Company's announcements made on 12 May 2014, 20 May 2015, 12 June 2015, 22 July 2015, 25 August 2016, 29 August 2017, 13 November 2017, 13 March 2018, 25 September 2018, 4 October 2018, 16 November 2018, 14 February 2019, 25 April 2019, 30 April 2019, 15 May 2019, 18 July 2019 and 14 October 2020.

The Board of Directors (“the Board”) of CME wishes to announce that the Federal Court has on today, 27.01.2021, upon hearing submissions from the parties, reserved their decision in respect of Federal Court Civil Appeal No. 02(f)-136-11/2017(W) (“CME’s FC Appeal”). No decision date has been fixed yet by the Federal Court.

The Fortuna Injunction granted to CME by the High Court on 17.07.2019 on the condition that the sum of RM10,969,323.70 be kept in the joint solicitors account will subsist until the Federal Court’s disposal of CME’s FC Appeal.

The Company will announce further material developments of the outcome of the case in due course.

This announcement is dated 27 January 2021.






Announcement Info

Company Name CME GROUP BERHAD
Stock Name CME
Date Announced 27 Jan 2021
Category General Announcement for PLC
Reference Number GA1-27012021-00049