News

Material Litigation

BackOct 29, 2012
Type Announcement
Subject MATERIAL LITIGATION
Description ADVANCE SYNERGY BERHAD (“Company”)
LEGAL ACTION AGAINST PERBADANAN KEMAJUAN NEGERI KEDAH (“PKNK”) HIGH COURT ALOR SETAR, SUIT NO. 22-95-2004

Further to the Company’s announcement on 28 September 2012 concerning the suit that has been remitted to the High Court in Alor Star for full trial, we wish to announce that our solicitors have been served with an application by PKNK for leave to appeal to the Federal Court of Malaysia against the decision of the Court of Appeal of Malaysia handed down on 27 September 2012. No hearing date has been fixed in respect of the leave application. In view of the aforesaid, parties will have to hold off any action vis-à-vis proceedings at the High Court level pending the hearing and disposal of the leave application by the Federal Court of Malaysia.

This announcement is dated 29 October 2012.

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD  
Stock Name ASB    
Date Announced 29 Oct 2012  
Category General Announcement
Reference No AS-121029-61993