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OTHERS REV ASIA BERHAD ("REV" OR "THE COMPANY") KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22IP-7-02/2021 - MEDIA PRIMA DIGITAL SDN BHD & REV MEDIA GROUP SDN BHD (THE "PLAINTIFFS") - THE COMPANY AND IMEDIA ASIA SDN BHD (THE "DEFENDANTS")

REV ASIA BERHAD

Type Announcement
Subject OTHERS
Description
REV ASIA BERHAD ("REV" OR "THE COMPANY") KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22IP-7-02/2021 

- MEDIA PRIMA DIGITAL SDN BHD & REV MEDIA GROUP SDN BHD (THE "PLAINTIFFS") 
- THE COMPANY AND IMEDIA ASIA SDN BHD (THE "DEFENDANTS")

We refer to the announcements dated 17 February 2021, 30 April 2021, 24 May 2021, 22 June 2021, 14 July 2021 and 28 July 2021 in relation to the Kuala Lumpur High Court Civil Suit No. WA-221P-7-212021.

 

The Board of Directors of Rev wishes to update that the Court confirmed that the Reply to Defence was filed and served by the Plaintiffs on 26 July 2021. The Court was made aware that the change of name of Rev had been performed and that there was another step in the settlement process namely the change of short stock name with Bursa Malaysia Securities Berhad before the Plaintiffs will withdraw the suit.

 

The Court then issued the following directions:

  • The next case management was scheduled on 18 August 2021 for the Plaintiffs and Defendants to update on the status of the final steps of the settlement process; and
  • If there is no progress on the said final steps, the Court will proceed to give pre-trial directions and set the dates for trial.

This announcement is dated 29 July 2021.

 

 






Announcement Info

Company Name REV ASIA BERHAD
Stock Name REV
Date Announced 29 Jul 2021
Category General Announcement for PLC
Reference Number GA1-28072021-00033