KHEESAN

0.135

(%)

MATERIAL LITIGATION KHEE SAN BERHAD ("THE COMPANY") KUALA LUMPUR HIGH COURT SUMMONS NO. WA-28JM-21-11/2021 MAYBANK ISLAMIC BERHAD ("APPLICANT") VS KHEE SAN FOOD INDUSTRIES SDN BHD ("RESPONDENT")

KHEE SAN BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KHEE SAN BERHAD ("THE COMPANY")
KUALA LUMPUR HIGH COURT SUMMONS NO. WA-28JM-21-11/2021
MAYBANK ISLAMIC BERHAD ("APPLICANT") VS KHEE SAN FOOD INDUSTRIES SDN BHD ("RESPONDENT")

We refer to the Company's announcements made on 18 November 2021, 19 November 2021, 30 November 2021, 28 December 2021, 7 January 2022, 17 February 2022, 7 March 2022 and 21 March 2022 in respect of the judicial management application filed by Maybank Islamic Berhad against its wholly owned subsidiary, Khee San Food Industries Sdn Bhd.

 

The Company's solicitors, Messrs Krish Maniam & Co. had notified the Company that on 1 April 2022, this matter came up for Decision via email for Enclosure 47 (Khee San Berhad’s Notice of Application to Intervene) and the Court had granted Order in terms for Enclosure 47, i.e. to allow Khee San Berhad to intervene the proceedings.

 

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.

 

This announcement is dated 1 April 2022.






Announcement Info

Company Name KHEE SAN BERHAD
Stock Name KHEESAN
Date Announced 01 Apr 2022
Category General Announcement for PLC
Reference Number GA1-01042022-00098