BAT

8.250

+0.04 (+0.5%)

MATERIAL LITIGATION BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD ("COMPANY" OR "BAT MALAYSIA") WITHDRAWAL OF THE APPLICATION FOR JUDICIAL REVIEW OF THE DECISIONS MADE BY MINISTRY OF HEALTH

BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD ("COMPANY" OR "BAT MALAYSIA")

WITHDRAWAL OF THE APPLICATION FOR JUDICIAL REVIEW OF THE DECISIONS MADE BY MINISTRY OF HEALTH

We refer to the announcement dated 14 November 2019.

 

The Company wishes to announce that its wholly owned subsidiary Commercial Marketers and Distributors Sdn. Bhd. has decided to withdraw the judicial review filed against the Ministry of Health (“MOH”) at the Kuala Lumpur High Court (“JR Application”) following a mutual settlement with the MOH.

 

There is no material financial impact to the Company and its subsidiaries (“BAT Malaysia Group”) arising from the withdrawal of the JR Application.

There is no liability imposed on the BAT Malaysia Group arising from the withdrawal of the JR Application.


This announcement is dated 22 June 2021.






Announcement Info

Company Name BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD
Stock Name BAT
Date Announced 22 Jun 2021
Category General Announcement for PLC
Reference Number GA1-21062021-00115