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MATERIAL LITIGATION ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "THE COMPANY") HIGH COURT OF MALAYA IN KUALA LUMPUR ORGINATING SUMMONS NO.WA-24NCC-438-10/2021 PLANTIFFS: CHEAH BEN LEE, JENNY LIM FEN FUA, MURUGA VADIVALE, ON LI SAR, PETER ERNEST SHACK AND SAROJINI A/P SIVANANDAM DEFENDANTS: MAK SIEW WEI, CHONG LOONG MEN, SANSTON FINANCIAL GROUP LIMITED AND ADVANCE INFORMATION MARKETING BERHAD

ADVANCE INFORMATION MARKETING BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "THE COMPANY")
HIGH COURT OF MALAYA IN KUALA LUMPUR  ORGINATING SUMMONS NO.WA-24NCC-438-10/2021
PLANTIFFS: CHEAH BEN LEE, JENNY LIM FEN FUA, MURUGA VADIVALE, ON LI SAR, PETER ERNEST SHACK AND SAROJINI A/P SIVANANDAM DEFENDANTS: MAK SIEW WEI, CHONG LOONG MEN, SANSTON FINANCIAL GROUP LIMITED AND ADVANCE INFORMATION MARKETING  BERHAD

This morning the company has received:

  1. Originating Summons dated 4 October 2021 of the High Court of Kuala Lumpur bearing suit number WA-24NCC-438-10/2021 (“Suit”);
  2.  Notice of Application of Injunction dated 4 October 2021 (“Application”);
  3. Affidavit in Support dated 5 October 2021;

 

The Suit seeks for amongst others an Order requiring Mak Siew Wei and Chong Loong Men and one other to implement a Mandatory General Offer in accordance with Section 281(2) of the Capital Markets and Services Act 2007 read together with Rule 4.01 of the Rules on Take Overs Mergers and Compulsory Acquisition.

 

The Court has directed that all cause papers be served and all parties be present for the hearing of the Application at 4.30 pm.

 

The announcement is dated 6 October 2021.

 

 

 

 

 

 



Announcement Info

Company Name ADVANCE INFORMATION MARKETING BERHAD
Stock Name AIM
Date Announced 06 Oct 2021
Category General Announcement for PLC
Reference Number GA1-06102021-00033


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