General Announcement for PLC

09/07/2021

MATERIAL LITIGATION WRIT OF SUMMONS AND STATEMENT OF CLAIM BY AME CONSTRUCTION SDN BHD (PLAINTIFF), A WHOLLY-OWNED SUBSIDIARY OF AMSUN INDUSTRIES SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF AME ELITE CONSORTIUM BERHAD AGAINST AREA VENTURES SDN BHD (DEFENDANT)

AME ELITE CONSORTIUM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
WRIT OF SUMMONS AND STATEMENT OF CLAIM BY AME CONSTRUCTION SDN BHD (PLAINTIFF), A WHOLLY-OWNED SUBSIDIARY OF AMSUN INDUSTRIES SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF AME ELITE CONSORTIUM BERHAD AGAINST AREA VENTURES SDN BHD (DEFENDANT)

Unless otherwise defined, all definitions and terms used in this announcement shall have the same meaning as defined in the announcements dated 6 November 2020, 8 February 2021, 17 February 2021, 4 March 2021, 12 April 2021 and 15 June 2021 in relation to the above Civil Suit.

The Board of AME wishes to announce that the Parties had on 7 July 2021 filed and exchanged written submissions and bundle of authorities in accordance with the Court of Appeal’s direction given on the case management held on 5 July 2021.

Further announcement would be made should there be any material development on this matter.

This announcement is dated 9 July 2021.






Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 09 Jul 2021
Category General Announcement for PLC
Reference Number GA1-09072021-00036


Related Announcements for AME
Date Title
29/08/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME" OR "THE COMPANY") - PROPOSED SHARE BUY-BACK AUTHORITY
23/08/2022 (I) PROPOSED JOINT VENTURE AND (II) PROPOSED ACQUISITION BY WHOLLY-OWNED SUBSIDIARY OF AME, NORTHERN INDUSTRIAL PARK SDN BHD (FORMERLY KNOWN AS ALAMBINA GEMILANG SDN BHD)
22/08/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AME ELITE CONSORTIUM BERHAD ("AME" OR "COMPANY") PROPOSED ACQUISITION OF SEVENTY TWO (72) FREEHOLD INDUSTRIAL PLOTS MEASURING APPROXIMATELY 169.75 ACRES IN PHASE 3, SOUTHERN INDUSTRIAL & LOGISTICS CLUSTERS (SILC) IN ISKANDAR PUTERI, JOHOR FOR AN INDICATIVE TOTAL PURCHASE CONSIDERATION OF APPROXIMATELY RM434.29 MILLION
18/08/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING")
18/08/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AME ELITE CONSORTIUM BERHAD ("AME" OR "THE COMPANY"): (I) Proposed Joint Venture and (ii) Proposed Acquisition by wholly-owned subsidiary of AME, Northern Industrial Park Sdn Bhd (formerly known as Alambina Gemilang Sdn Bhd)
18/08/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING")
15/08/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") PROPOSED LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED REIT LISTING")
27/07/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") PROPOSED LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED REIT LISTING")
19/07/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") PROPOSED LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED REIT LISTING")
03/06/2022 OTHERS AME ELITE CONSORTIUM BERHAD ("AME") PROPOSED LISTING OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED REIT LISTING")