TDM

0.255

-0.005 (-1.9%)

MATERIAL LITIGATION MINISTRY OF ENVIRONMENT AND FORESTRY OF INDONESIA - PLAINTIFF VS PT RAFI KAMAJAYA ABADI - DEFENDANT

TDM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MINISTRY OF ENVIRONMENT AND FORESTRY OF INDONESIA - PLAINTIFF VS PT RAFI KAMAJAYA ABADI - DEFENDANT

MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE BURSA MALAYSIA SECURITIES MALAYSIA BERHAD MAIN MARKET LISTING REQUIREMENT

 

We refer to the announcements dated 30 December 2021 and 10 January 2022 ("Announcements") in relation to the civil claims by the Ministry of Environment and Forestry of Indonesia against PT. Rafi Kamajaya Abadi (“PTRKA”).

 

Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.

 

The Board of Directors of TDM Berhad wishes to announce that the mediation held on 17 January 2022 could not reach any settlement. The parties agree to resort to the full trial and the Court will fix new hearing date.

 

Further announcements will be made as and when there are material developments on the above matter.

 

This announcement is dated 19 January 2022.

 

 






Announcement Info

Company Name TDM BERHAD
Stock Name TDM
Date Announced 19 Jan 2022
Category General Announcement for PLC
Reference Number GA1-17012022-00074