KUB

0.810

-0.03 (-3.6%)

MATERIAL LITIGATION CLAIM BY LEMBAGA KEMAJUAN JOHOR TENGGARA (KEJORA) AGAINST KUB MALAYSIA BERHAD (THE COMPANY), KUB REALTY SDN BHD AND KUB AGRO HOLDINGS SDN BHD, BOTH INDIRECT WHOLLY OWNED SUBSIDIARIES OF THE COMPANY. DISPOSAL BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF TWO OIL PALM ESTATES IN KLUANG, JOHOR TO BERADIN PLANTATION SDN BHD (DISPOSAL)

KUB MALAYSIA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
CLAIM BY LEMBAGA KEMAJUAN JOHOR TENGGARA (KEJORA) AGAINST KUB MALAYSIA BERHAD (THE COMPANY), KUB REALTY SDN BHD AND KUB AGRO HOLDINGS SDN BHD, BOTH INDIRECT WHOLLY OWNED SUBSIDIARIES OF THE COMPANY.
 
DISPOSAL BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF TWO OIL PALM ESTATES IN KLUANG, JOHOR TO BERADIN PLANTATION SDN BHD (DISPOSAL)

(Unless otherwise stated, all references, abbreviations and definitions used in this announcement shall have the same meaning as those defined in the announcement dated 3 March 2023, 30 March 2023, 18 May 2023, 22 May 2023, 1 June 2023, 21 June 2023, 21 July 2023, 2 August 2023, 16 August 2023, 4 September 2023, 18 October 2023, 10 November 2023, 10 January 2024, 29 January 2024 and 12 March 2024).

 

Reference is made to the above matter and our announcement on 12 March 2024.

 

The Board of the Company wishes to announce that during the case management held on 11 June 2024 on notice for directions, the Court fixed 2 July 2024 as the next case management date for parties to update on further development of the matter.

 

This announcement is dated 11 June 2024.






Announcement Info

Company Name KUB MALAYSIA BERHAD
Stock Name KUB
Date Announced 11 Jun 2024
Category General Announcement for PLC
Reference Number GA1-11062024-00067