News

Material Litigation

BackMay 06, 2014
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 Note 31 of our latest audited financial statements for the financial year ended 31 December 2013 concerning the fixing of hearing date on 6 May 2014 for the leave application filed by PKNK to the Federal Court of Malaysia, we wish to announce that the aforesaid leave application was dismissed by the Federal Court of Malaysia today with costs of RM10,000.00 payable to the Company. The suit is being remitted to the High Court in Alor Setar for full trial.

This announcement is dated 6 May 2014.

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD  
Stock Name ASB    
Date Announced 6 May 2014  
Category General Announcement
Reference No AS-140506-63350