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MATERIAL LITIGATION Ace Innovate Asia Berhad Commencement of a civil suit at the Kuala Lumpur High Court by its wholly-owned subsidiary ACE Capital Growth Sdn Bhd against Kua Kee Koon, TTT Bullion Sdn Bhd, Cheang Kok Keet, Ho Kat Ann, Leow Chee Wai and Leow Chee Lip ("Defendants").

ACE INNOVATE ASIA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Ace Innovate Asia Berhad 
Commencement of a civil suit at the Kuala Lumpur High Court by its wholly-owned subsidiary ACE Capital Growth Sdn Bhd against Kua Kee Koon, TTT Bullion Sdn Bhd, Cheang Kok Keet, Ho Kat Ann, Leow Chee Wai and Leow Chee Lip ("Defendants").

Reference is made to the Company's announcements dated 9 December 2020, 26 March 2021, 23 April 2021, 20 May 2021, 2 June 2021, 16 June 2021, 9 August 2021, 10 September 2021 and 11 October 2021. Unless otherwise stated, terms in this announcement shall carry the same meanings as defined in the earlier announcements.

 

The Board wishes to announce that the Court of Appeal has fixed the Company’s Civil Appeal No. W-02(IM)(NCC)-1640-09/2021 for further E-Review on 8 December 2021 to update the Court of Appeal on the filing of the Record of Appeal and to fix dates for the filing of written submissions for the said appeal.

 

The Company will make further announcement if there is any material development arising thereto.

 

This announcement is dated 18 October 2021.






Announcement Info

Company Name ACE INNOVATE ASIA BERHAD
Stock Name ACEINNO
Date Announced 18 Oct 2021
Category General Announcement for PLC
Reference Number GA1-18102021-00086