Announcements

Date : 03 June 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

Type Announcement
Subject MATERIAL LITIGATION
Description
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

As previously announced, Protasco Berhad (“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”). The hearing for the striking out application proceeded on 25 May 2015 and a decision date for the striking out application is fixed on 3 June 2015.

As an update, the Company wishes to announce that the Company’s striking out application was allowed with costs of RM10,000.00 to be paid by the Plaintiffs, Global Capital Limited and Kingdom Seekers Ventures Sdn Bhd to the Company.






Announcement Info

Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 03 Jun 2015
Category General Announcement for PLC
Reference Number GA1-03062015-00020



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