GOINNO

0.030

(%)

MATERIAL LITIGATION Commencement of a civil suit at the Kuala Lumpur High Court by its wholly-owned subsidiary Ace Capital Growth Sdn Bhd against Kua Kee Koon, TTT Bullion Sdn Bhd, Cheang Kok Keet, Ho Kat Ann, Leow Chee Wai and Leow Chee Lip ("Defendants")

ACE INNOVATE ASIA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Commencement of a civil suit at the Kuala Lumpur High Court by its wholly-owned subsidiary Ace Capital Growth Sdn Bhd against Kua Kee Koon, TTT Bullion Sdn Bhd, Cheang Kok Keet, Ho Kat Ann, Leow Chee Wai and Leow Chee Lip ("Defendants")

References are made to the Company's announcements dated 9 December 2020, 26 March 2021, 23 April 2021, 20 May 2021, 2 June 2021, 16 June 2021, 9 August 2021, 10 September 2021, 11 October 2021, 18 October 2021, 21 October 2021, 16 November 2021, 8 December 2021, 15 December 2021, 19 January 2022, 8 February 2022, 17 February 2022, 5 April 2022 and 10 May 2022. Unless otherwise stated, terms in this announcement shall carry the same meanings as defined in the earlier announcements.

 

The Board wishes to announce that the High Court has vacated the trial of the High Court suit fixed on 5 September 2022, 6 September 2022, 7 September 2022 and 8 September 2022.  The High Court has refixed the trial of the High Court suit on 3 January 2023, 4 January 2023, 5 January 2023 and 6 January 2023. The High Court has also fixed the High Court suit for case management on 4 October 2022 for parties to obtain further directions from the High Court as regards the new trial dates.

 

The Company will make further announcement if there is any material development arising thereto.

 

This announcement is dated 6 September 2022.






Announcement Info

Company Name ACE INNOVATE ASIA BERHAD
Stock Name ACEINNO
Date Announced 06 Sep 2022
Category General Announcement for PLC
Reference Number GA1-06092022-00008