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"). |
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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, 11 October 2021 and 18 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)-1641-09/2021 and Civil Appeal No. W-02(IM)(NCC)-1642-09/2021 for further E-Review on 8 December 2021 to update the Court on the filing of the Notice of Motion for an extension of time for Civil Appeal No. W-02(IM)(NCC)-1641-09/2021 and the filing of the Record of Appeal for Civil Appeal No. W-02(IM)(NCC)-1642-09/2021.
The High Court has maintained the E-Review date on 16 November 2021 for parties to file the requisite pre-trial case management documents for the said suit.
The Company will make further announcement if there is any material development arising thereto.
This announcement is dated 21 October 2021
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Announcement Info
| Company Name | ACE INNOVATE ASIA BERHAD |
| Stock Name | ACEINNO |
| Date Announced | 21 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21102021-00074 |