Company Announcements

Date : 10 February 2020

OTHERS LATITUDE TREE HOLDINGS BERHAD ("THE COMPANY") STATUS UPDATE ON FIRE INCIDENT AT RK RESOURCES CO. LTD. ("RKR"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY OCCURRED ON 5 APRIL 2018

LATITUDE TREE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
LATITUDE TREE HOLDINGS BERHAD ("THE COMPANY")  STATUS UPDATE ON FIRE INCIDENT AT RK RESOURCES CO. LTD. ("RKR"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY OCCURRED ON 5 APRIL 2018

“Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company's announcements dated 5 April 2018 and 21 May 2018.”

 

The Company wishes to inform that the insurer has proposed a first interim payment of VND15.0 billion (equivalent to RM2.65 million) for the fire damage claim today.

 

The total settlement of the claim is pending finalisation and an announcement will be made upon confirmation/acceptance of the same.

 

The Board will continue to update on material development for the above incident.

 

This announcement is dated 10 February 2020.






Announcement Info

Company Name LATITUDE TREE HOLDINGS BERHAD
Stock Name LATITUD
Date Announced 10 Feb 2020
Category General Announcement for PLC
Reference Number GA1-10022020-00042



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