Material Litigation
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description |
Updates on Writ of Summons and Statement of Claim 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 against Tan Chong Industrial Equipment Sdn Bhd (Kuala Lumpur High Court Civil Suit No.: WA-22NCvC-404-08/2017) (Court of Appeal Civil Appeal No. W-02(IM)(NCVC)-92-01/2018) |
Reference is made to our announcements dated 18 August 2017, 5 January 2018, 11 January 2018 and 16 November 2018 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 (“TCIE”), a wholly-owned subsidiary of Tan Chong Motor Holdings Berhad (“TCMH”). TCMH wishes to announce that:-
TCIE will be discussing the above matter with their solicitors on the next course of action. Further announcement will be made from time to time in respect of any material developments on this matter.
This announcement is dated 14 December 2018. |
Announcement Info
Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
Stock Name | TCHONG |
Date Announced | 14 Dec 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-14122018-00020 |