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MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR THE COMPANY") HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022 AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")

IMPIANA HOTELS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
IMPIANA HOTELS BERHAD ("IMPIANA" OR THE COMPANY")
HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022
AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")

We refer to the Company's announcements made on 6 January 2022, 7 February 2022, 18 March 2022, 30 March 2022 and 9 May 2022 in relation to the adjudication claim filed by Axventure Sdn Bhd (“Claimant”) against the Company’s wholly-owned subsidiary, Impiana Cherating Sdn Bhd (“Impiana Cherating”).

 

Pertaining to the case management of Impiana Cherating’s application of stay of Execution Application (“Stay Application”) held on 13 May 2022, the Court has directed the Parties to file their written submissions by 15 June 2022 and has set the date for hearing on 22 June 2022.

 

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof.

 

This announcement is dated 13 May 2022.






Announcement Info

Company Name IMPIANA HOTELS BERHAD
Stock Name IMPIANA
Date Announced 13 May 2022
Category General Announcement for PLC
Reference Number GA1-13052022-00061