KUB

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MATERIAL LITIGATION KUB MALAYSIA BERHAD (KUBM) IN THE HIGH COURT OF MALAYA AT SHAH ALAM (COMPANIES WINDING UP) NO. BA-28NCC-773-11/2019 BETWEEN MEDAN SEPADU SDN BHD (30% EQUITY INTEREST IN THE RESPONDENT), LEMBAGA AMANAH KEBAJIKAN KAUM MELANAU SARAWAK (10% EQUITY INTEREST IN THE RESPONDENT) (THE PETITIONERS) AND KUB SEPADU SDN BHD (FORMERLY KNOWN AS SASARAN BITARA SDN BHD) (THE RESPONDENT)

KUB MALAYSIA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KUB MALAYSIA BERHAD (KUBM)

IN THE HIGH COURT OF MALAYA AT SHAH ALAM (COMPANIES WINDING UP) NO. BA-28NCC-773-11/2019 BETWEEN MEDAN SEPADU SDN BHD (30% EQUITY INTEREST IN THE RESPONDENT), LEMBAGA AMANAH KEBAJIKAN KAUM MELANAU SARAWAK (10% EQUITY INTEREST IN THE RESPONDENT) (THE PETITIONERS) AND KUB SEPADU SDN BHD (FORMERLY KNOWN AS SASARAN BITARA SDN BHD) (THE RESPONDENT)

(Unless otherwise stated, all abbreviations and definitions used in this announcement shall have the same meaning as those defined in the announcements dated 18 December 2019, 30 December 2019, 23 January 2020, 4 March 2020, 12 May 2020, 5 June 2020, 16 July 2020, 22 September 2020, 16 November 2020, 19 November 2020, 22 January 2021, 11 February 2021, 9 March 2021, 12 April 2021, 9 July 2021, 8 September 2021, 23 November 2021, 12 April 2022, 16 June 2022, 5 July 2022, 29 July 2022, 4 August 2022, 8 September 2022, 13 September 2022, 4 October 2022, 17 October 2022, 11 November 2022, 5 December 2022 and 14 December 2022).

 

Reference is made to the above matter and our announcement dated 14 December 2022.

 

The Board of KUBM wishes to announce that at a case management held on 18 January 2023, the High Court has fixed for a further case management on 7 February 2023 (via e-review) to give further directions on the Section 493 of the Companies Act, 2016 (Companies (Post Winding-Up) No. BA-28PW-292-12/2022) filed by the Applicant.

 

Further updates on any material development will be made from time to time.

 

This announcement is dated 25 January 2023.






Announcement Info

Company Name KUB MALAYSIA BERHAD
Stock Name KUB
Date Announced 25 Jan 2023
Category General Announcement for PLC
Reference Number GA1-25012023-00031