MATERIAL LITIGATION Shah Alam High Court Civil Suit No. BA-22NCvC-104-03/2021 by Nor Anita Binti Abu Talib & others ("the Plaintiffs") against Genesis Corp Pte Ltd & others ("the Defendants")
| DOLPHIN INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Shah Alam High Court Civil Suit No. BA-22NCvC-104-03/2021 by Nor Anita Binti Abu Talib & others ("the Plaintiffs") against Genesis Corp Pte Ltd & others ("the Defendants") |
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The Board of Directors of Dolphin International Berhad (“Company”) wishes to announce that the Company’s wholly-owned subsidiary, Dolphin Robotic Systems Sdn Bhd (“DRSSB”), has, on 24 March 2021, been served with, among others, the following –
(a) a sealed Writ dated 12 March 2021; and (b) a Statement of Claim dated 12 March 2021.
The action was commenced by 20 plaintiffs against 7 defendants including DRSSB for various declaratory relief and damages. The action appears to be premised upon certain investment arrangement between the plaintiffs and a company known as Genesis Corp Pte Ltd involving DRSSB. DRSSB intends to defend the claim made against it.
The case management via e-Review has been fixed on 4 May 2021.
Any material development will be announced in due course.
This announcement is dated 30 March 2021.
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Announcement Info
| Company Name | DOLPHIN INTERNATIONAL BERHAD |
| Stock Name | DOLPHIN |
| Date Announced | 30 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29032021-00121 |