Announcements

Date : 26 February 2016

MATERIAL LITIGATION MATERIAL LITIGATION LEGAL SUIT AGAINST PT ANGLO SLAVIC UTAMA (1st Defendant), TEY POR YEE (2nd Defendant) AND OOI KOCK AUN (3rd Defendant)

PROTASCO BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MATERIAL LITIGATION LEGAL SUIT AGAINST PT ANGLO SLAVIC UTAMA (1st Defendant), TEY POR YEE (2nd Defendant) AND OOI KOCK AUN (3rd Defendant)

On 4 December 2015, Protasco Berhad (“Company”) announced that the court dismissed the 1st Defendant’s appeal in the Court of Appeal against the decision of the court dated 11 August 2015 is fixed for hearing on 25 February 2016.

The Court of Appeal has on 25 February 2016 allowed the 1st Defendant’s appeal and the Company’s action against the 1st Defendant is now stayed pending the arbitration proceedings between the Company and the 1st Defendant.






Announcement Info

Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 26 Feb 2016
Category General Announcement for PLC
Reference Number GA1-26022016-00017



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