GDB

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MATERIAL LITIGATION GDB HOLDINGS BERHAD ("GDB" OR "THE COMPANY") High Court of Malaya at Kuala Lumpur Originating Summons No. WA-24NCC (ARB) -57-12/2022 Syarikat Ong Yoke Lin Sdn. Bhd. vs Grand Dynamic Builders Sdn. Bhd. ("GDBSB"), a wholly-owned subsidiary of the Company

GDB HOLDINGS BERHAD

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

High Court of Malaya at Kuala Lumpur Originating Summons No. WA-24NCC (ARB) -57-12/2022

Syarikat Ong Yoke Lin Sdn. Bhd. vs Grand Dynamic Builders Sdn. Bhd. ("GDBSB"), a wholly-owned subsidiary of the Company
We refer to the announcements made on 23 December 2022 and 28 December 2022 respectively to Bursa Malaysia Securities Berhad, the Company wishes to update by informing that its wholly-owned subsidiary, GDBSB, was served with a sealed copy of the Order of the High Court today 13 January 2023 following the hearing on 4 January 2023 before the Honourable Judge where the High Court of Malaya had ordered the continuation of the interim injunction and has fixed a hearing date on 23 March 2023 for this matter to be heard before the Honourable Judge.

Further announcement will be made to Bursa Malaysia Securities Berhad as and when there are material developments on the above matter.

This announcement is dated 13 January 2023.





Announcement Info

Company Name GDB HOLDINGS BERHAD
Stock Name GDB
Date Announced 13 Jan 2023
Category General Announcement for PLC
Reference Number GA1-13012023-00048