(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 29 May 2014 in relation to the Notice pursuant to Section 218(2)(a) of the Companies Act 1965 by Tenaga Nasional Berhad served on Rasayang Food Industries Sdn Bhd (Announcement))
Further to the announcement on 29 May 2014, the Board of Directors of EKA wishes to inform the following additional information :-
Rasayang is not aware of the amount owed to Tenaga Nasional Berhad nor did it receive the Writ of Summons and Statement of Claims in respect of the Civil Suit S22NCVC-365-05/2012 filed by Tenaga Nasional Berhad. Rasayang was only aware of the case when the Notice pursuant to Section 218(2)(a) of the Companies Act, 1965 was served to Rasayang's business address.
Rasayang is a major subsidiary of EKA and the total cost of investment was RM13,809,164.00. Rasayang had appointed a lawyer to set aside the judgement. The matter is now fixed on 27 June 2014 for case management in Penang High Court.
This announcement is dated 03 June 2014.