Date : 16 March 2011
|TALIWORKS CORPORATION BERHAD|
|Description||TALIWORKS CORPORATION BERHAD (“Taliworks” or “the Company”) |
- Legal Proceedings Against Wijaya Baru Sdn Bhd (“Wijaya”)
Shah Alam High Court Suit No. 22-1581-2010
Plaintiff : Taliworks
Defendant : Wijaya
We refer to our announcement on 11th January 2011 in relation to the commencement of legal proceedings by Taliworks against Wijaya for its breach of contract pursuant to the letter of award dated 17th September 2007 in respect of the construction of Subang South Pond for “Cadangan Tebatan Banjir Lembah Kelang Dan Penyelenggaraan Untuk Sg Kelang, Sg. Damansara, Sg Kayu Ara, Sg. Penchala, Sg Bahol, Main Drain Shah Alam serta lain –lain cabang berkaitan”.
The Board of Directors of Taliworks wishes to update the Exchange that Wijaya has served their defence and counterclaim on Taliworks on 15th March 2011.
The Company has sought its solicitor’s advice on the necessary course of action to be taken in relation to the aforesaid defence and counterclaim.
The Company will make further announcements on any material development on this matter from time to time.
This announcement is dated 16th March 2011.
|Company Name||TALIWORKS CORPORATION BERHAD|
|Date Announced||16 Mar 2011|