Bursa Announcements

Reference is made to our announcement dated 18 August 2017 pertaining to the Writ of Summons and Statement of Claim filed by Transnasional Express Sdn Bhd, Plusliner Sdn Bhd, Syarikat Kenderaan Melayu Kelantan Berhad, Syarikat Rembau Tampin Sdn Bhd, Kenderaan Langkasuka Sdn Bhd, Konsortium Transnasional Berhad and MHSB Properties Sdn Bhd (collectively, “the Plaintiffs”) against Tan Chong Industrial Equipment Sdn Bhd (“Defendant”), a wholly-owned subsidiary of Tan Chong Motor Holdings Berhad (“TCMH”).

TCMH wishes to inform that the Court had on 4 January 2018 allowed Tan Chong Industrial Equipment Sdn Bhd’s application to strike out the Plaintiffs’ claim and dismissed the Plaintiffs’ injunction application with costs of RM5,000.00.

The above decision is subject to appeal within thirty (30) days from the date of the Order.

Further announcements would be made to Bursa Malaysia Securities Berhad, should there be any material development on this matter.

This announcement is dated 5 January 2018.