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Bursa Announcements

Bursa Announcements

Date : 25 March 2015

MATERIAL LITIGATION TH PELITA SADONG SDN. BHD. AND TH PELITA GEDONG SDN. BHD. (PLAINTIFFS/APPELLANTS) VS FIRST COMPOSITE SDN. BHD. & 15 OTHERS (DEFENDANTS/RESPONDENTS)

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTH PELITA SADONG SDN. BHD. AND TH PELITA GEDONG SDN. BHD. (PLAINTIFFS/APPELLANTS) VS FIRST COMPOSITE SDN. BHD. & 15 OTHERS (DEFENDANTS/RESPONDENTS)
Further to our announcement made on 10 April 2014.
TH Plantations Berhad's subsidiaries, TH PELITA Gedong Sdn Bhd (“Gedong”) and TH PELITA Sadong Sdn Bhd (“Sadong”) had filed a Notice of Application under the Order 14A Rules of the Court, 2012 on 23 December 2014 to have the matter be determined on questions of law, and also to strike out the Defendants’ Defence in light of the extension of the Stay of Execution Order granted by the Federal Court to Gedong and Sadong.

The Defendants had filed their Affidavit of Opposition on 16 January 2015 to oppose the Notice of Application. Gedong and Sadong had duly filed their Affidavits of Reply on 30 January 2015.

The High Court had fixed a new mention date on 2 April 2015, from the original 5 March 2015, for hearing of the submissions by the parties.

This announcement is dated 25 March 2015.


Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoTP-150325-831BD

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