KEN

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MATERIAL LITIGATION KEN HOLDINGS BERHAD ("KEN" OR THE "COMPANY") WRIT OF SUMMONS AND STATEMENT OF CLAIM AND APPLICATION FOR INTERIM INJUNCTION FILED BY COMMON GROUND TTDI SDN BHD (1244407-X) ("PLAINTIFF") AGAINST KEN TTDI SDN BHD (598090-M) ("DEFENDANT") PURSUANT TO KUALA LUMPUR HIGH COURT SUIT NO. WA-22NCVC-650-10/2020

KEN HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KEN HOLDINGS BERHAD ("KEN" OR THE "COMPANY")
WRIT OF SUMMONS AND STATEMENT OF CLAIM AND APPLICATION FOR INTERIM INJUNCTION FILED BY COMMON GROUND TTDI SDN BHD (1244407-X) ("PLAINTIFF") AGAINST KEN TTDI SDN BHD (598090-M) ("DEFENDANT") PURSUANT TO KUALA LUMPUR HIGH COURT SUIT NO. WA-22NCVC-650-10/2020

(The terms used herein unless the context otherwise states, shall bear the same meaning as those defined in the announcements aforementioned)

We refer to the announcements dated 4 January 2021, 26 January 2021 and 18 March 2021 in relation to the above matter.

The Company wishes to announce that the Court has dismissed the Plaintiff’s Interim Injunction Application with costs of RM8,000.00 awarded in favour of the Defendant. The Court has also allowed the Defendant’s Application pursuant to Order 14A Rule 1 and/or Order 33 Rule 2 Rules of Court 2012 with costs of RM5,000.00 awarded in favour of the Defendant and accordingly, the Plaintiff’s claim against the Defendant is dismissed.

The Company will make the necessary announcement on further development of this matter in due course.

This announcement is dated 15 April 2021.

 

 






Announcement Info

Company Name KEN HOLDINGS BERHAD
Stock Name KEN
Date Announced 15 Apr 2021
Category General Announcement for PLC
Reference Number GA1-15042021-00122