IWCITY

0.850

+0.025 (+3%)

MATERIAL LITIGATION Iskandar Waterfront City Berhad ("IWCity" or "The Company") - Writ and Statement of Claim by Tenaga Nasional Berhad

ISKANDAR WATERFRONT CITY BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Iskandar Waterfront City Berhad ("IWCity" or "The Company")
-	Writ and Statement of Claim by Tenaga Nasional Berhad

Reference is made to the Company’s earlier announcements in year 2020, year 2021, announcements dated 22 February 2022, 7 March 2022, 17 May 2022, 14 July 2022, 3 August 2022 and 27 September 2022.

The Company wishes to inform that on 10 November 2022, the Court dismissed the Defendants’ two (2) Rejoinder applications with costs of RM2,000 each (“Decision”).

Following from the above, in the event the Defendants wish to appeal against the said Decision, the Defendants are allowed to do so within 30 days from today i.e. by 12 December 2022.

The Company will make further announcement(s) on the material development of the case in due course.

This announcement is dated 10 November 2022.






Announcement Info

Company Name ISKANDAR WATERFRONT CITY BERHAD
Stock Name IWCITY
Date Announced 10 Nov 2022
Category General Announcement for PLC
Reference Number GA1-10112022-00030