INVESTOR RELATIONS

FORM OF NOTICE OF CONVERSION OF 5-YEAR 3.5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS" OR "BARAKAH-LA")

BURSA ANNOUNCEMENTS
Date: 25 September 2018

MATERIAL LITIGATION CASE MANAGEMENT IN RESPECT OF A CLAIM BY MERSING CONSTRUCTION & ENGINEERING SDN BHD


Type Announcement
Subject MATERIAL LITIGATION
Description CASE MANAGEMENT IN RESPECT OF A CLAIM BY MERSING CONSTRUCTION & ENGINEERING SDN BHD

(Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcements dated 28 August 2018 and 30 August 2018).

 

Reference is made to the Company's announcements dated 28 August 2018 and 30 August 2018 in respect of a claim against its wholly owned subsidiary PBJV Group Sdn Bhd made by Mersing Construction & Engineering Sdn Bhd for a sum of RM13,275,867.96, whereby Shah Alam High Court had fixed the date of 25 September 2018 to deliver its decision on the matter following written submission to be made by each party.

 

The Company wishes to inform that on the fixed date at Shah Alam High Court today, the Court has sought parties' clarification and requires further time in order to deliver its decision and therefore another date is fixed by the Court on 16 October 2018 for decision on the case.

 

The Company will make announcement on further development of the above matter in due course.

 

This announcement is dated 25 September 2018.





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