Material Litigation
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description |
Updates on the Motion to Correct Counter Claim from Narita Motorcare (Cambodia) Co. Ltd and Others |
We refer to our announcement dated 15 May 2017 pertaining to the defence on a Motion to Add and Correct Complaint against Narita Motorcare (Cambodia) Co. Ltd (“Narita”), Mr Long Narith and Ms Pich Sokhom, the representatives of Narita filed by ETCM (C) Pty Ltd (“ETCM (C)”) and Tan Chong Motor (Cambodia) Pty Ltd (“TCMC”), both wholly-owned subsidiaries of Tan Chong Motor Holdings Berhad (“TCMH” or “Company”). The Board of Directors of TCMH wishes to announce that our solicitors had on 26 November 2017 notified that the sealed judgement had been issued by the Court of First Instance in Phnom Penh in favour of ETCM (C) and TCMC, amongst others, that:
The above said judgment is subject to appeal within thirty (30) days from the date of receipt of the sealed judgment by either party in the action. Further announcements would be made to Bursa Malaysia Securities Berhad, should there be any material development on this matter. This announcement is dated 27 November 2017. |
Announcement Info
Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
Stock Name | TCHONG |
Date Announced | 27 Nov 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-27112017-00080 |