EVD

0.035

+0.005 (+16.7%)

EVD BERHAD ("EVD" OR "THE COMPANY") SHAH ALAM HIGH COURT ("THE COURT") CIVIL SUIT NO. BA-22NCC-213-11/2024 HITACHI RAIL GTS HONG KONG LIMITED [FORMERLY KNOWN AS THALES TRANSPORT & SECURITY (HONG KONG) LTD] VS EV-DYNAMIC SDN. BHD. (EV-DYNAMIC), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY (WRIT OF SUMMONS AND STATEMENT OF CLAIM) (LITIGATION)

EVD BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-14112024-00001
Subject EVD BERHAD ("EVD" OR "THE COMPANY") SHAH ALAM HIGH COURT ("THE COURT") CIVIL SUIT NO. BA-22NCC-213-11/2024 HITACHI RAIL GTS HONG KONG LIMITED [FORMERLY KNOWN AS THALES TRANSPORT & SECURITY (HONG KONG) LTD] VS EV-DYNAMIC SDN. BHD. (EV-DYNAMIC), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY (WRIT OF SUMMONS AND STATEMENT OF CLAIM) (LITIGATION)
Description
Reply to Query
Query Letter Contents

We refer to your Company’s announcement dated 13 November 2024, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) The date of the Writ of Summons and Statement of Claim.
2) The details of events leading to the commencement of Litigation.
3) The estimated potential liability to the group arising from the Litigation.
4) Whether EV-Dynamic is a major subsidiary of the Company.
5) The financial and operational impact to the group. Where such impact cannot be determined with certainty, an explanation of the reasons.

6) The steps taken or proposed to be taken by EV-Dynamic in respect of the Litigation.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,
Listing Division, Regulation
Cc : Market Surveillance Dept. , Securities Commission (via fax)

Please refer to the attachment for additional information.

 

This announcement is dated 15 November 2024.



Please refer attachment below.



Announcement Info

Company Name EVD BERHAD
Stock Name EVD
Date Announced 15 Nov 2024
Category General Announcement for PLC
Reference Number GA1-15112024-00056