General Announcement for PLC

24/08/2021

MATERIAL LITIGATION M3 TECHNOLOGIES (ASIA) BERHAD ("M3" OR "COMPANY") - KUALA LUMPUR HIGH COURT SUIT NO. WA-22IP-41-07/2021

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
M3 TECHNOLOGIES (ASIA) BERHAD ("M3" OR "COMPANY")
- KUALA LUMPUR HIGH COURT SUIT NO. WA-22IP-41-07/2021

The Company wishes to announce that the Company and its wholly owned subsidiary, M3 Online Sdn Bhd (collectively referred to as "Plaintiffs" or "M3 Group") had on 16.7.2021 filed a Writ and Statement of Claim ("SOC") in the Kuala Lumpur High Court, Suit Number: WA-22IP-41-07/2021 against the following Defendants –

1.         VOON SZE LIN 

2.         LIM SENG BOON 

3.         MAISARAH BINTI SAHRAN 

4.         ASMA BINTI ARIPIN 

5.         YAP SIEW DEEN 

6.         MUHAMMAD FATAHUL HARUN BIN SUMAP 

7.         FOO MING CHEONG 

8.         ZAIFAH BINTI NGAH 

9.         AMAZ DIGITAL SDN BHD 

In this Suit, the Plaintiffs seek for the following relief –

A.      A declaration that the Coaction software products and any and/or all software products of Amaz Digital Sdn Bhd ("Amaz Digital") be deemed transferred to M3 and that M3 is the true owner of the copyright subsisting in such works;

B.      Alternatively, a declaration that Amaz Digital holds its Coaction and other software products in trust for M3 and that such Coaction and other software products of Amaz Digital be judicially assigned to M3;

C.      Further and/or in the alternative, an injunction for 5 years or such period of time to be determined by this Honourable Court restraining the Defendants and each of them, whether acting by themselves, or as directors, officers, servants, contractor or agents from promoting and/or selling and/or distributing and/or using the Coaction and other software products of Amaz Digital;

D.      An order that the Defendants disclose to the M3 Group full details of all software developed from its date of incorporation including its source codes and system architecture;

E.      An order to restrain the Defendants and/or each of them, whether acting by themselves, or as directors, officers, servants, contractors or agents from:

(i)      infringing and/or causing and/or authorizing others to infringe M3 Group’s copyright subsisting in the M3 Software Products and/or any copyright materials and/or copyright work owned by the M3 Group;

(ii)     using and/or disclosing and/or otherwise misusing any of the Confidential Information and Trade Secrets of the M3 Group as defined in the Schedule A of SOC;

(iii)    aiding, enabling and/or assisting any others to infringe M3 Group’s copyright and/or use M3 Group’s Confidential Information and Trade Secrets;

F.       an order that the Defendants and/or each of them, by themselves or through their servants or agents or otherwise, do deliver up all of M3 Group’s Confidential Information and Trade Secrets and/or any copyrighted materials belonging to the M3 Group in any form whatsoever in the possession, power, custody and/or control of the Defendants;

G.      An inquiry into damages or, at M3 Group’s discretion, an account of profits;

H.      Additional damages pursuant to Section 37(7) Copyright Act 1987;

I.       Statutory damages under Section 37(8) Copyright Act 1987;

J.       General damages to be assessed;

K.      Exemplary and/or punitive and/or aggravated damages;

L.      Interest;

M.     Costs; and

N.      Such further and/or other reliefs as the Honourable Court deems fit.

Further, the Plaintiffs had obtained an Anton Piller Injunction (Ex-Parte) against the 2nd to 9th Defendants on 19.8.2021.

This announcement is dated 24 August 2021.






Announcement Info

Company Name M3 TECHNOLOGIES (ASIA) BERHAD
Stock Name M3TECH
Date Announced 24 Aug 2021
Category General Announcement for PLC
Reference Number GA1-24082021-00140


Related Announcements for M3TECH