Announcements

Date : 25 March 2015

MATERIAL LITIGATION Kuala Lumpur High Court Suit No: 22NCC-446-11/2014 Global Capital Limited & Kingdom Seekers Ventures Sdn Bhd vs. 1. Dato’ Sri Chong Ket Pen 2. Protasco Berhad 3. UOBM Nominees (Tempatan) Sdn Bhd 4. Tan Heng Kui

PROTASCO BERHAD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKuala Lumpur High Court Suit No: 22NCC-446-11/2014
Global Capital Limited & Kingdom Seekers Ventures Sdn Bhd
vs.
1. Dato’ Sri Chong Ket Pen
2. Protasco Berhad
3. UOBM Nominees (Tempatan) Sdn Bhd
4. Tan Heng Kui

As previously announced, the ex-parte injunction order obtained by Tey Por Yee’s nominated entities, Global Capital Ltd and Kingdom Seekers Ventures Sdn Bhd (“Plaintiffs”) was set aside on 27 November 2014 with an order of costs in favour of Protasco Berhad (“Company”) and Dato’ Sri Chong Ket Pen and two others. The Plaintiffs had on 6 January 2015 withdrew their injunction application with an order of costs in favour of the Company and Dato’ Sri Chong Ket Pen and two others.
 
The Company wishes to announce that the Company has on 20 March 2015 filed an application to strike out the legal proceedings initiated by the Plaintiffs wherein the Company is named as the 2nd Defendant (“striking out application”). A hearing date for the striking out application has been fixed on 6 April 2015.



Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150325-44181

Back