MATERIAL LITIGATION SAND NISKO CAPITAL BERHAD ("SNC" OR THE "COMPANY") - HIGH COURT OF MALAYA AT KUALA LUMPUR COMPANIES (WINDING-UP) NO. WA-28NCC-797-09/2022 WINDING-UP PETITION SERVED BY LOH CHEE KEONG (SUING AS THE EXECUTOR OF THE ESTATE OF LOH SIOW CHAN @ LOO SU CHEONG)
| SAND NISKO CAPITAL BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SAND NISKO CAPITAL BERHAD ("SNC" OR THE "COMPANY")
- HIGH COURT OF MALAYA AT KUALA LUMPUR COMPANIES (WINDING-UP) NO. WA-28NCC-797-09/2022 WINDING-UP PETITION SERVED BY LOH CHEE KEONG (SUING AS THE EXECUTOR OF THE ESTATE OF LOH SIOW CHAN @ LOO SU CHEONG) |
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Reference is made to the Company's announcement dated 30 September 2022. Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
The Company wishes to announce that the Petitioner had withdrawn the Winding Up Petition dated 30 September 2022 during the hearing today, 17 May 2023 in light of the fact that both Petitioner and Respondent have achieved a full and final settlement via a Settlement Agreement dated 10 May 2023.
This announcement is dated 17 May 2023. |
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Announcement Info
| Company Name | SAND NISKO CAPITAL BERHAD |
| Stock Name | SNC |
| Date Announced | 17 May 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17052023-00029 |