Announcements

Date : 17 March 2015

MATERIAL LITIGATION CENTURY LOGISTICS HOLDINGS BERHAD (“CENTURY” OR "COMPANY") - THIRD PARTY NOTICE

CENTURY LOGISTICS HOLDINGS BERHAD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionCENTURY LOGISTICS HOLDINGS BERHAD (“CENTURY” OR "COMPANY") - THIRD PARTY NOTICE

The Board of Directors of Century wishes to announce that Century Total Logistics Sdn. Bhd. [Company No. 419234-V], a wholly owned subsidiary of the Company has been issued a Third Party Notice dated 13 March 2015 under Suit No. 22NCVC-28-01/2015 by Megasteel Sdn. Bhd. [Company No. 181104-T], in relation to a claim by C&F International GmbH [Company No. HRB 16573] against Megasteel Sdn. Bhd. [Company No. 181104-T]. The claim is for the sum of Euro 255,000 (approximately RM1,000,000), interest, cost and such relief which the Court deems fit.

The Company is conducting an internal review to better understand the circumstances of the issuance of the Third Party Notice.  

The Company shall appoint solicitors to represent the Company with regard to the Third Party Notice.

This announcement is dated 17 March 2015.

 



Announcement Info

Company NameCENTURY LOGISTICS HOLDINGS BERHAD  
Stock Name CENTURY    
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150316-65104

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