News
Material Litigation
BackSep 28, 2012
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | ADVANCE SYNERGY BERHAD (“Company”) LEGAL ACTION AGAINST PERBADANAN KEMAJUAN NEGERI KEDAH HIGH COURT ALOR SETAR, SUIT NO. 22-95-2004 |
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Further to our Note 23(a) of our quarterly results announcement made on 29 August 2012 concerning the updates on our appeal to the Court of Appeal of Malaysia via Civil Appeal No. K-01-85-2011 (“Appeal”) on the decision of 13 January 2011 of the High Court that the Company’s claim is time-barred, we wish to announce that the Appeal was heard and allowed with costs by the Court of Appeal of Malaysia on the 27 September 2012. In the result, the order of the High Court dated 13 January 2011 striking out the suit with costs has been set aside. The suit has been remitted to the High Court in Alor Star for full trial. This announcement is dated 28 September 2012. |
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Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 28 Sept 2012 |
| Category | General Announcement |
| Reference No | AS-120928-45557 |