PUNCAK

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MATERIAL LITIGATION PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR "THE COMPANY") BILL OF DEMAND DATED 21 OCTOBER 2019 FROM ROYAL MALAYSIAN CUSTOMS DEPARTMENT SELANGOR ("RMCD") ISSUED TO WHOLLY-OWNED SUBSIDIARY, PUNCAK NIAGA MANAGEMENT SERVICES SDN BHD ("PNMSSB") - CIVIL APPEAL NO: B-01(A)-44-01/2023

PUNCAK NIAGA HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR "THE COMPANY")
BILL OF DEMAND DATED 21 OCTOBER 2019 FROM ROYAL MALAYSIAN CUSTOMS DEPARTMENT SELANGOR ("RMCD") ISSUED TO WHOLLY-OWNED SUBSIDIARY, PUNCAK NIAGA MANAGEMENT SERVICES SDN BHD ("PNMSSB")
- CIVIL APPEAL NO: B-01(A)-44-01/2023

Reference is made to the Company’s earlier announcements dated 23 October 2019, 1 November 2019, 5 November 2019, 8 January 2020, 5 February 2020, 17 June 2020, 24 September 2020, 8 October 2020, 18 January 2021, 8 March 2021, 28 May 2021, 16 June 2021, 21 September 2021, 23 September 2021, 16 December 2021, 25 January 2022, 23 May 2022, 26 August 2022, 29 August 2022, 22 September 2022, 17 November 2022, 24 November 2022, 29 December 2022 and 30 January 2023 in relation to the Bill of Demand dated 21 October 2019, Application against RMCD and the appeal filed by the  Attorney General’s Chambers to the Court of Appeal to appeal against the Shah Alam High Court's decision dated 29 December 2022 in allowing PNMSSB's Application Against RMCD on 26 January 2023 ("Appeal").


Puncak wishes to announce to the Exchange that the Attorney General’s Chambers has served a copy of the Record of Appeal which was received by PNMSSB's solicitors, on behalf of PNMSSB, on 24 March 2023.

The Court of Appeal has fixed the case management for the Appeal on 26 April 2023.


This announcement is dated 24 March 2023.

 






Announcement Info

Company Name PUNCAK NIAGA HOLDINGS BERHAD
Stock Name PUNCAK
Date Announced 24 Mar 2023
Category General Announcement for PLC
Reference Number GA1-24032023-00065