MATERIAL LITIGATION EKSONS CORPORATION BERHAD ("EKSONS" OR "THE COMPANY") - UPDATE ON MATERIAL LITIGATION BY RUSSELLA TEGUH SDN. BHD., A 68.06% OWNED SUBSIDIARY OF EKSONS AGAINST ALHANI HOLDING SDN. BHD.
| EKSONS CORPORATION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | EKSONS CORPORATION BERHAD ("EKSONS" OR "THE COMPANY")
- UPDATE ON MATERIAL LITIGATION BY RUSSELLA TEGUH SDN. BHD., A 68.06% OWNED SUBSIDIARY OF EKSONS AGAINST ALHANI HOLDING SDN. BHD. |
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Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company’s announcements dated 16 December 2021.
The Company wishes to announce that pursuant to negotiations between the parties, an amicable out-of-court settlement of the matter was reached.
Both writs, filed by RTSB, numbered WA-B52NCvC-460-11-/2021 and WA-B52NCC-704-11/2021 have been discontinued on 4 January 2022.
This announcement is dated 4 January 2022. |
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Announcement Info
| Company Name | EKSONS CORPORATION BERHAD |
| Stock Name | EKSONS |
| Date Announced | 04 Jan 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04012022-00038 |