ADVCON

0.280

+0.005 (+1.8%)

MATERIAL LITIGATION ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")
SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021
ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

Reference is made to the Company’s announcements made on 17 December 2021, 7 January 2022, 9 February 2022, 9 March 2022 and 15 July 2022 in relation to the Civil Suit No. BA-23NCVC-24-04/2021 Zeti Ismrizan Binti Isa & 5 Ors vs. Spring Energy Sdn Bhd (“Suit 24”). Unless otherwise stated, the terms stated herein shall have the same meaning as defined in the earlier announcements.

 

The Board of Directors of Advancecon wishes to update that the Third parties have filed the striking out application and during the case management on 8 February 2023, the court has fixed the hearing date on 5 April 2023.

 

Any further material development of the above matter will be announced in due course.


This announcement is dated 9 February 2023.






Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 09 Feb 2023
Category General Announcement for PLC
Reference Number GA1-09022023-00036