General Announcement for PLC

28/08/2015

MATERIAL LITIGATION COMINTEL CORPORATION BHD ("COMCORP" OR "THE COMPANY") COMINTEL SDN BHD ("COMINTEL") ("PLAINTIFF") vs U TELEVISION SDN BHD ("1ST DEFENDANT") & TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN ("2ND DEFENDANT") COURT OF APPEAL CIVIL APPEAL NO. W-02-2259-10/2013

COMINTEL CORPORATION BHD

Type Announcement
Subject MATERIAL LITIGATION
Description 
COMINTEL CORPORATION BHD ("COMCORP" OR "THE COMPANY")
COMINTEL SDN BHD ("COMINTEL") ("PLAINTIFF") vs U TELEVISION SDN BHD ("1ST DEFENDANT") & TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN ("2ND DEFENDANT")
COURT OF APPEAL CIVIL APPEAL NO. W-02-2259-10/2013

Further to our announcements dated 16 July 2013 and 3 October 2013 pertaining to the litigation action taken by Comintel,
a wholly-owned subsidiary of Comcorp against U Television Sdn Bhd & Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Board
of Directors of Comcorp is pleased to announce that the appeal by the 1st and 2nd Defendant to the Court of Appeal was
dismissed by the Court of Appeal today where the decision handed down by High Court on 3 October 2013 is upheld. Further,
cost of Ringgit Malaysia Thirty Thousand (RM30,000.00) was awarded to Comintel.

Subject to further appeal, the Judgement Sum of Ringgit Malaysia Eleven Million Two Hundred and Seventeen Thousand
Seven Hundred and Ninety Seven and Sen Eighty Four (RM11,217,797.84) which has been placed in a Fixed Deposit Account
can be uplifted, will contribute positively to the earnings of the Company for the financial year ending 31 January
2016.


This announcement is dated 28 August 2015.

 



Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 28 Aug 2015
Category General Announcement for PLC
Reference Number GA1-28082015-00075


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