General Announcement for PLC

19/02/2021

MATERIAL LITIGATION SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR "THE COMPANY") - Kuala Lumpur High Court Civil Suit No. WA-22NCC-362-08/2020 : Silver Ridge Holdings Bhd. & Ors v. Jonathan Chong Teik Cheh & 28 Ors

SILVER RIDGE HOLDINGS BHD

Type Announcement
Subject MATERIAL LITIGATION
Description 
SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR "THE COMPANY")
- Kuala Lumpur High Court Civil Suit No. WA-22NCC-362-08/2020 : Silver Ridge Holdings Bhd. & Ors v. Jonathan Chong Teik Cheh & 28 Ors

Reference is made to the Company’s announcements dated 11 August 2020,  14 August 2020, 14 September 2020, 5 October 2020,  8 October 2020 and 13 January 2021 (‘Previous Announcements’).

 

For ease of reference, the terms and abbreviations used in the Previous Announcements shall be adopted herein.

 

The Board of Directors of the Company wishes to announce that today was fixed for Hearing before Yang Arif Dato’ Khadijah binti Idris on the question of Costs as sought by Mercury Securities Sdn. Bhd. (Company No.: 113193-W) (“MSSB”). The Court had ordered the Company to pay MSSB costs of RM15,000 for the discontinuance of Suit 362 against the latter.

 

With this announcement, the matter on Suit 362 is now put to a closure to all the proceedings to Suit 362.

 

This announcement is dated 19 February 2021.



Announcement Info

Company Name SILVER RIDGE HOLDINGS BHD
Stock Name SRIDGE
Date Announced 19 Feb 2021
Category General Announcement for PLC
Reference Number GA1-19022021-00091


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