TDM

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+0.005 (+1.6%)

MATERIAL LITIGATION KUALA TERENGGANU SESSIONS COURT CIVIL SUIT NO: TA-B53-2-11/2019 WAHAB BIN MOHD SAID ("PLAINTIFF") VS 1) DR JUZAR MOHSINBHAI JADLIWALA ("1ST DEFENDANT") 2) KUALA TERENGGANU SPECIALIST HOSPITAL SDN BHD ("2ND DEFENDANTS")

TDM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KUALA TERENGGANU SESSIONS COURT CIVIL SUIT NO: TA-B53-2-11/2019 

WAHAB BIN MOHD SAID ("PLAINTIFF")
 
VS 

1)     DR JUZAR MOHSINBHAI JADLIWALA ("1ST DEFENDANT") 
2)     KUALA TERENGGANU SPECIALIST HOSPITAL SDN BHD ("2ND DEFENDANTS")

MATERIAL LITIGATION MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE BURSA MALAYSIA SECURITIES MALAYSIA BERHAD MAIN MARKET LISTING REQUIREMENT

 

For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated 26 August 2019.

 

We refer to our announcement dated 26 August 2019, 20 September 2019, 21 January 2020, 8 September 2020 and 3 February 2021 in respect of the above Suit.

 

The Board wishes to update that KTS's Solicitors had informed the Company today that the Defendants entered into a consent judgment with the Plaintiff on 4 April 2021.

 

The salient terms of the Consent Judgment are as follows:-

  1. Defendants to pay RM65,000 to the Plaintiff as full and final settlement;
  2. The amount of RM65,000 to be paid by the Defendants as per the followings:-

            i. RM60,000 by the 1st Defendant (Dr Juzar Mohsinbhai Jadiwala); and

           ii. RM5,000 by the 2nd Defendant (Kuala Terengganu Specialist Hospital Sdn Bhd)

 

With the Consent Judgment being entered, this case is now closed.

 

This announcement is dated 5 April 2021.






Announcement Info

Company Name TDM BERHAD
Stock Name TDM
Date Announced 05 Apr 2021
Category General Announcement for PLC
Reference Number GA1-05042021-00109