The Board of Directors of JSB wishes to inform that the following entities :

1. JSB, and
2. Its wholly-owned subsidiary, Red Ideas Sdn Bhd (“RISB”)

had on 13 January 2025, been served the WS & SC, both dated 10 January 2025, at the High Court of Malaya in Kuala Lumpur.

RISB is the major subsidiary of the Company, incorporated in Malaysia, principally involved in the business of provision of community management services and advertising through mobile and web applications.

Details of the WS & SC :

I.            The Plaintiff is a company incorporated in Malaysia.

II.           The sealed WS & SC dated 10 January 2025 were served to the Company’s Solicitor’s office at Messrs Shearn Delamore & Co., 7th Floor, Wisma Hamzah Kwong-Hing, No. 1, Leboh Ampang, 50100 Kuala Lumpur, on 13 January 2025 by Messrs Linda Wang Su & Boo, the Solicitor of the Plaintiff. The suit number is WA-22IP-2-01/2025.

III.          The Plaintiff’s claim is that JSB and RISB operate and own JaGaApp which provides features and functions allegedly identical and/or similar to the Plaintiff’s Malaysian Utility Innovation (UI) No. MY-188397-A (“the ‘397 UI”), and that JaGaApp falls within the scope of protection of Claim 1 of the ‘397 UI, thus allegedly infringing the rights of the Plaintiff.

IV.         Pursuant to the WS & SC filed by the Plaintiff, the Plaintiff seeks from the Court the following reliefs  :-

1)          A declaration that JSB and RISB have infringed the ‘397 UI.

2)          A permanent injunction to restrain both JSB and RISB, whether acting by themselves or through their directors, officers, employees, servants and/or agents or any of them or otherwise howsoever, from:-

(a)         infringing the ‘397 UI including but not limited to creating, developing, using, offering for sale, advertising and/or promoting for sale, selling, licensing, making available to the public and/or howsoever dealing with, in any form whatsoever, any application or system which exploits the claimed features of the ‘397 UI (“Infringing Application”); and

(b)         authorising, permitting, assisting, causing and/or enabling others to commit any of the acts of infringements set out in prayer 2(a) above;

3)          An order for full discovery against JSB and RISB (which JSB and RISB shall comply within fourteen (14) days of the order) of all relevant documents and information relating to the Infringing Application including but not limited to the number and details of projects, number of subscribers or users of the Infringing Application, correspondences, contracts, customer records, financial records, price quotes, receipts and other documents as may be requested by the Plaintiff that are in the possession, custody or control of JSB and RISB, their officers, employees, servants and/or agents;

4)          An order for JSB and RISB to remove and/or destroy all articles, marketing materials, information leaflets, literature, brochures, advertisements, digital and/or printed materials and any other materials which were published and/or made available by JSB and RISB to the public in whatsoever form or manner relating to the Infringing Application, including but not limited to JSB’s and RISB’s website and social media platform and to affirm, file in court and serve on the Plaintiff's solicitors an affidavit stating compliance with the same within fourteen (14) days of the order;

5)          An inquiry as to damages and/or alternatively, at the Plaintiff's option, an account of profits made by JSB and RISB in respect of the Infringing Application and for payment by JSB and RISB to the Plaintiff of all sums found due upon the making of such inquiry or taking of such account; and for the purpose of the Plaintiff’s election on an inquiry as to damages or for an account of profits, that the Plaintiff be given one (1) month from the last date of compliance by JSB and RISB of prayer (4) above to make such an election;

6)          Interest;

7)          Costs of the action; and

8)          Such further or other reliefs or directions as the Court deems fit and just.

The Board of Directors of JSB is of the view that there is no material operational impact arising from the WS & SC to JSB and RISB arising from the litigations as mentioned above.

The Company has sought legal advice on the above matter and further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 13 January 2025.