MATERIAL LITIGATION Dagang NeXchange Berhad ("DNeX" or "Company") - Legal Action against Encik Mohd Ismail Khan bin Wazir Khan
DAGANG NEXCHANGE BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | Dagang NeXchange Berhad ("DNeX" or "Company") - Legal Action against Encik Mohd Ismail Khan bin Wazir Khan |
The Board of Directors of DNeX wishes to announce that the Company and its subsidiaries namely, Dagang Net Technologies Sdn. Bhd., DNeX Telco Services Sdn. Bhd. (“DTS”), PT Dagang Samudera Hutama and PT DNeX Telco Indonesia (collectively referred to as “the Group” or “the Plaintiffs”) had on 15 November 2022 via its solicitor, Messrs. Chooi & Company + Cheang & Ariff, filed a legal action against Encik Mohd Ismail Khan bin Wazir Khan, the former Chief Executive Officer of DTS (“the Defendant”) in the Kuala Lumpur High Court.
The Group is seeking for the following reliefs against the Defendant:
Further announcements on any material development will be made as and when it is appropriate and/or necessary.
This announcement is dated 15 November 2022. |
Announcement Info
Company Name | DAGANG NEXCHANGE BERHAD |
Stock Name | DNEX |
Date Announced | 15 Nov 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-15112022-00034 |