GIIB

0.070

-0.005 (-6.7%)

MATERIAL LITIGATION GIIB HOLDINGS BERHAD ("GIIB" OR "THE COMPANY") Kuala Lumpur High Court Originating Summons No. WA-24NCC-535-04/2022 - GIIB Healthcare Products Sdn. Bhd. ("GIIB Healthcare") vs Glomaxes Latex Glove Manufacturer Sdn. Bhd. ("Glomaxes")

GIIB HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
GIIB HOLDINGS BERHAD ("GIIB" OR "THE COMPANY")

Kuala Lumpur High Court Originating Summons No. WA-24NCC-535-04/2022
- GIIB Healthcare Products Sdn. Bhd. ("GIIB Healthcare") vs Glomaxes Latex Glove Manufacturer Sdn. Bhd. ("Glomaxes")

Reference is made to our announcements dated 12 April 2022 and 18 April 2022, of which the abbreviations and definitions used herein shall have the same meanings as defined in the previous announcements.

 

The Board of Directors of the Company wishes to inform that during the case management for the Originating Summons on 26 April 2022, the Court has fixed its hearing date on 27 June 2022.

 

The Court also granted an Ad-Interim Injunction Order (by way of consent of the parties) restraining Glomaxes from proceeding with a winding up petition against GIIB Healthcare pending the disposal of the Originating Summons.

 

The Company will make further announcements as and when there are material developments on the above matter.

 

This announcement is dated 27 April 2022.






Announcement Info

Company Name GIIB HOLDINGS BERHAD
Stock Name GIIB
Date Announced 27 Apr 2022
Category General Announcement for PLC
Reference Number GA1-27042022-00012