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General Announcement
20/09/2010
JF TECHNOLOGY BERHAD ("JF Tech" or "the Company") - Kuala Lumpur High Court Suit No D-22IP-52-2010
JF TECHNOLOGY BERHAD
Admission Sponsor
HwangDBS Investment Bank Bhd
Sponsor
Same as above
Type
Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID
NH-100917-52073
Subject
JF TECHNOLOGY BERHAD ("JF Tech" or "the Company")
- Kuala Lumpur High Court Suit No D-22IP-52-2010
Contents
The Board of Directors of the Company refers to Bursa Malaysia Securities Berhad's letter dated 17 September 2010 and wishes to provide the additional information as follows:-
(1) The Writ and Statement of Claim (Kuala Lumpur High Court Suit No D-22IP-52-2010) was issued on 6 September 2010 and received by the Company on 7 September 2010.
(2) Kabushiki Kaisha Nihon Micronics and ZMC Technologies (M) Sdn Bhd (the Plaintiffs) have alleged that Patent No MY-114589-A relates to the Companys Lasak W-Series Test Pins and Lasak W-Series Test Contactors. The Companys Lasak W-Series Test Pins and Lasak W-Series Test Contactors are not main products of the Company.
(3) The Board of Directors of the Company do not see any immediate financial and/or operational impact on the group arising from the allegation as no interlocutory injunction against the group has been sought and no quantum has been specified in the Statement of Claim. For the moment, pending receipt of the expert witnesses reports, the Board of Directors of the Company believe that the Company has a defensible case against the Plaintiffs claim. Accordingly, at present, the Board of Directors of the Company do not expect any financial and/or operational impact on the Group arising from the allegation.
Query Letter Content
We refer to your Company's announcement dated 15 September 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The date when the Writ and Statement of Claim was issued and received by the
Company;
Whether Patent No MY-114589-A relates to the main product of the Company; and
The financial and operational impact on the group, if any, arising from the
allegation.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HANITA OTHMAN
Head, Issuers
ACE Market
Listing Division
Regulation
NHM
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Announcement Info
Company Name
JF TECHNOLOGY BERHAD
(ACE Market)
Stock Name
JFTECH
Date Announced
20 Sept 2010
Category
General Announcement
Reference No
CS-100920-7F1FC
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