MATERIAL LITIGATION MAXIM GLOBAL BERHAD ("MAXIM" or "THE COMPANY") - MATERIAL LITIGATION AGAINST THE BOVEN DIGOEL REGENCY, PROVINCE OF PAPUA, REPUBLIC OF INDONESIA IN RESPECT OF THE GROUP'S ASSETS LOCATED IN PROVINCE OF PAPUA, REPUBLIC OF INDONESIA
MAXIM GLOBAL BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | MAXIM GLOBAL BERHAD ("MAXIM" or "THE COMPANY") - MATERIAL LITIGATION AGAINST THE BOVEN DIGOEL REGENCY, PROVINCE OF PAPUA, REPUBLIC OF INDONESIA IN RESPECT OF THE GROUP'S ASSETS LOCATED IN PROVINCE OF PAPUA, REPUBLIC OF INDONESIA |
Reference is made to the earlier announcements dated 24 March 2021, 3 May 2021 and 27 May 2021 in relation to the above subject matter. For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements.
Further to our earlier announcements, the Company wishes to announce that two of its 90% owned subsidiary companies, PT TKU and PT MSM have on 11 October 2021 filed applications for Judicial Review (known as “Judicial Review Petition” or “Peninjauan Kembali”) to the Supreme Court of the Republic of Indonesia for direction/hearing of the Injunction Requests petition.
The Company will make further announcements on material developments on this matter from time to time.
This announcement is dated 12 October 2021.
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Announcement Info
Company Name | MAXIM GLOBAL BERHAD |
Stock Name | MAXIM |
Date Announced | 12 Oct 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-11102021-00046 |