MMAG

0.200

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OTHERS Sepang Sessions Court Civil Suit No. BK-B52NCvC-05-03/2023 Comone International Logistics Co Limited Vs M Jets International Sdn. Bhd. ("Suit")

MMAG HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Sepang Sessions Court Civil Suit No. BK-B52NCvC-05-03/2023
Comone International Logistics Co Limited Vs M Jets International Sdn. Bhd. ("Suit")

Reference is made to the Company’s announcements dated 6 March 2023, 1 June 2023 and 21 August 2023 in relation to the Suit (“Announcements”). Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the Announcements.

The Board of Directors of MMAG Holdings Berhad wishes to announce that MJets has made full payment of the judgement sum awarded by the Court in relation to the Suit to the Plaintiff.

There is no further financial impact in relation to the Suit since the judgment sum has been satisfied. 

This announcement is dated 2 February 2024. 






Announcement Info

Company Name MMAG HOLDINGS BERHAD
Stock Name MMAG
Date Announced 02 Feb 2024
Category General Announcement for PLC
Reference Number GA1-02022024-00058