Announcements

Date : 14 January 2015

MATERIAL LITIGATION MENUJU ASAS SDN BHD’s APPEALS

PROTASCO BERHAD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMENUJU ASAS SDN BHD’s APPEALS

As previously announced, the legal suits filed by Menuju Asas Sdn Bhd (“Menuju Asas”) for the sum of RM507,661.78 in Shah Alam High Court Suit No: 22-1558-2010 and the sum of RM9,960,492.17 in Shah Alam High Court Suit No: 22-1559-2010 respectively against HCM Engineering Sdn Bhd (“HCM”) were struck out with costs of RM6,000.00 (in total for both suits) by the High Court on 12.08.2014. Menuju Asas’s Amendment Application was also dismissed with costs of RM3,000.00 to be paid by Menuju Asas to HCM.

Menuju Asas has on 08.09.2014 served HCM 3 notices of appeal appealing against the 3 decisions delivered by the High Court on 12.08.2014 (“3 appeals”). The hearing of the 3 appeals fixed on 13.01.2015 has been adjourned to 13.03.2015.

 




 

 

 

 


Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced14 Jan 2015  
CategoryGeneral Announcement
Reference NoCA-150114-EEAE6

Back