Financial StatementsLitigation against Ganad Corporation Bhd, its Managing Director and a Subsidiary
| GANAD CORPORATION BHD |
| Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | KA-010619-26306 |
| Subject | Litigation against Ganad Corporation Bhd, its Managing Director and a Subsidiary |
Contents :
Please refer to attached fileQuery Letter Contents :
We refer to your announcement dated 18 June 2001.
In this connection, kindly furnish the Exchange immediately with the following
additional information for public release:-
1) The date the writ of summons and statement of claim was served on Ganad
Media Sdn Bhd and Gan Kok Beng.
2) The total cost of investment in Ganad Media Sdn Bhd.
3) The financial and operational impact of the Litigation on the group.
4) The expected losses, if any arising from the Litigation.
5) The steps taken and proposed to be taken by the company in respect of the
Litigation.
6) Details of the default or circumstances leading to the Litigation.
Yours faithfully
KUALA LUMPUR STOCK EXCHANGE
Tan Yew Eng
Senior Manager, Listing Operations
TYE/CS/KRISH
Copy to: Securities Commission (via fax)
Announcement Info
| Company Name | GANAD CORPORATION BHD |
| Stock Name | GANAD |
| Date Announced | 20 Jun 2001 |
| Category | General Announcement |
| Reference No | GC-010620-64837 |