PUNCAK

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MATERIAL LITIGATION PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") UPDATE ON GENBINA SDN BHD'S NOTICES OF ARBITRATION AND NOTICES OF ARBITRATION ISSUED BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, PUNCAK NIAGA CONSTRUCTION SDN BHD ("PNCSB")

PUNCAK NIAGA HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
UPDATE ON GENBINA SDN BHD'S NOTICES OF ARBITRATION AND NOTICES OF ARBITRATION ISSUED BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, PUNCAK NIAGA CONSTRUCTION SDN BHD ("PNCSB")

Reference is made to the Company's announcements dated 20 June 2016, 20 July 2016, 6 July 2017, 18 February 2021, 20 May 2021, 15 December 2021, 24 December 2021, 27 December 2021, 18 March 2022, 21 December 2022 and 18 January 2023 in relation to the two (2) separate arbitrations initiated by Genbina Sdn Bhd and the three (3) separate arbitrations initiated by PNCSB which have been consolidated into a single arbitration proceeding.

Puncak wishes to announce to the Exchange that the Arbitral Tribunal has fixed additional hearing dates on 11 to 12 April 2023 for the arbitration proceeding.

The continued hearing dates for the arbitration previously fixed on 16 October 2023 to 20 October 2023 and 30 October 2023 to 3 November 2023 are maintained.

This announcement is dated 3 February 2023. 



Announcement Info

Company Name PUNCAK NIAGA HOLDINGS BERHAD
Stock Name PUNCAK
Date Announced 03 Feb 2023
Category General Announcement for PLC
Reference Number GA1-03022023-00027


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