MAXIM

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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.

 

 






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