SEACERA

0.215

+0.005 (+2.4%)

MATERIAL LITIGATION COURT OF APPEAL PUTRAJAYA: W-02(IM)(NCC)-1033-06/2023 (High Court of Kuala Lumpur Writ No: WA-22NCC-554-11/2020) Appellants : Seacera Group Berhad (163751-H) & 11 Others Respondents : 1. Al-Amin Strategic Commodity Sdn Bhd (1109831-H) : 2. Estate of Mah Soon Chai (represented by Amanah Raya Berhad (344986-V))

SEACERA GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
COURT OF APPEAL PUTRAJAYA: W-02(IM)(NCC)-1033-06/2023 
(High Court of Kuala Lumpur Writ No: WA-22NCC-554-11/2020)

Appellants 	: Seacera Group Berhad (163751-H) & 11 Others
Respondents 	: 1. Al-Amin Strategic Commodity Sdn Bhd (1109831-H)
		        : 2. Estate of Mah Soon Chai 
		              (represented by Amanah Raya Berhad (344986-V))

Reference is made to the Company's announcements on 26 June 2023, 28 June 2023, 3 October 2023 and 30 April 2024.

Please be informed that the parties attended the Court on 13 May 2024 for the Hearing of this Appeal.  The Judges of Court of Appeal (COA), after hearing parties, it is with unanimous decision that this Appeal is allowed with costs to be paid by the 1st Respondent subject to allocatur. The High Court Order dated 26 June 2023 is set aside.

This announcement is dated 13 May 2024.






Announcement Info

Company Name SEACERA GROUP BERHAD
Stock Name SEACERA
Date Announced 13 May 2024
Category General Announcement for PLC
Reference Number GA1-13052024-00072