TSRCAP

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MATERIAL LITIGATION TSR Capital Berhad ("TSR" or "the Company") - Summary Judgement filed by Bentara Gemilang Industries Sdn Bhd ("Plaintiff") against TSR Bina Sdn Bhd ("Defendant')

TSR CAPITAL BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
TSR Capital Berhad ("TSR" or "the Company")
- Summary Judgement filed by Bentara Gemilang Industries Sdn Bhd ("Plaintiff") against TSR Bina Sdn Bhd ("Defendant')

We refer to the announcements dated 26 November 2020 and 5 March 2021 in relation to the above.

 

The Company wish to announce that its wholly-owned subsidiary, TSR Bina Sdn Bhd (“TSRB”) has been informed by its solicitors of the following update:-

 

The Court of Appeal had granted TSRB a conditional stay of execution of Summary Judgment pending the hearing of Appeals.

 

Further announcement will be made of any material development changes as and when appropriate.

 

This announcement is dated 30 March 2021.






Announcement Info

Company Name TSR CAPITAL BERHAD
Stock Name TSRCAP
Date Announced 30 Mar 2021
Category General Announcement for PLC
Reference Number GA1-30032021-00053