General Announcement for PLC

13/07/2022

REPLY TO QUERY - MATERIAL LITIGATION

SILVER RIDGE HOLDINGS BHD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-08072022-00001
Subject REPLY TO QUERY - MATERIAL LITIGATION
Description
SILVER RIDGE HOLDINGS BHD ("the Company")
- WRIT OF SUMMONS, STATEMENT OF CLAIM ("WRIT ACTION") AND NOTICE FOR APPLICATION (EX-PARTE) FOR MAREVA INJUNCTION ("INJUNCTION APPLICATION") FROM BANK PEMBANGUNAN MALAYSIA BERHAD
Query Letter Contents

We refer to your Company’s announcement dated 7 July 2022, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) The date of the Injunction Application.
2) The name of plaintiff(s) and defendant(s) under the Writ Action and Injunction Application respectively.
3) Whether Silver Ridge Sdn Bhd is a major subsidiary of Silver Ridge Holdings Bhd (“Silver Ridge”).
4) The details of events leading to the commencement of the Writ Action and Injunction Application.
5) The particulars of the claim under the Writ Action and Injunction Application respectively, including all relief(s) sought by BPMB and interest rate (if applicable).

6) The estimated potential liability to Silver Ridge group of companies (“Group”) arising from the litigation.

7) The financial and operational impact of the Writ Action and Injunction Application to the Group.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,
Listing, 
Regulation

Cc : Market Surveillance Dept. , Securities Commission (via email)

Reference is made to the Bursa's letter dated 8 July 2022 pertaining to the Company announcement made on 7 July 2022, the Company further wishes to provide the additional information as per Bursa's request as attached. 

 

This announcement is dated 13 July 2022. 



Please refer attachment below.



Announcement Info

Company Name SILVER RIDGE HOLDINGS BHD
Stock Name SRIDGE
Date Announced 13 Jul 2022
Category General Announcement for PLC
Reference Number GA1-13072022-00053


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Date Title
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