Unless otherwise defined, all defined terms used in the announcement shall have the same meaning as defined in the company announcements dated 10 September 2019, 11 September 2019, 30 September 2019, 14 October 2019, 13 November 2019, 10 January 2020, 16 April 2020, 15 June 2020, 3 July 2020, 10 September 2020, 22 September 2020, 29 September 2020, 11 November 2020, 17 November 2020, 2 February 2021, 8 April 2021, 6 May 2021, 24 June 2021, 30 July 2021, 9 August 2021, 28 September 2021, 11 October 2021, 11 January 2022, 9 March 2022, 29 March 2022, 13 April 2022, and 26 April 2022.
The Company wishes to inform that the parties had attended the Court on 27 May 2022 for decision of Enclosures 1, 3, 13 and 18. Please be informed that the Court has dismissed the 1st and 2nd Defendants’ application in Enclosures 13 and 18 respectively and allowed the Plaintiff’s application for injunction in Enclosure 3 and the Originating Summons in Enclosure 1 with costs to be paid by each Defendant.
The Company intends to appeal to the Court of Appeal against the decision within 30 days from 27 May 2022.
Any further development on the matter will be announced to Bursa Malaysia Securities Berhad accordingly.
This announcement is dated 30 May 2022.