The Company wishes to announce that the Company's wholly owned subsidiary, Ariantec Sdn. Bhd. has filed a Writ on 4 December 2013 and Statement of Claim on 3 December 2013 against Microbial International Sdn. Bhd. (formerly known as Niagara Technologies International Sdn. Bhd.) for the following reliefs:
(a) Damages amounting to RM8,555,793.05;
(b) Interest at 5% per annum on the judgement sum from the date of judgement until the date of full and final settlement; and
(c) Costs.
The Suit is registered at "Kuala Lumpur High Court Suit No. 22NCC-674-12/2013" and it is fixed for case management on 19 December 2013. The Company will make further announcement in relation to the Suit in due course.