General Announcement for PLC
05/11/2015MATERIAL LITIGATION TALAM TRANSFORM BERHAD ("TTB" or "the Company") SHAH ALAM HIGH COURT SUIT NO. 22-1245-2010 - TTB & CONTINENTAL HEIGHTS DEVELOPMENT SDN BHD AGAINST BANGKOK BANK BERHAD & RAJENDRAN PALANIAPPAN
TALAM TRANSFORM BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | TALAM TRANSFORM BERHAD ("TTB" or "the Company") SHAH ALAM HIGH COURT SUIT NO. 22-1245-2010 - TTB & CONTINENTAL HEIGHTS DEVELOPMENT SDN BHD AGAINST BANGKOK BANK BERHAD & RAJENDRAN PALANIAPPAN |
We refer to our quarterly updates in our interim announcements in relation to the above matter. The Board of Directors of the Company wishes to announce that the Shah Alam High Court had dismissed the Company’s claims against Bangkok Bank Berhad and Rajendran Palaniappan with costs. The Company has on 5 November 2015 filed an appeal to the Court of Appeal against the decision of the High Court. The above-mentioned outcome of this legal suit does not have any material financial and operational impact to the Company and the Group. This announcement is dated 5 November 2015. |
Announcement Info
Company Name | TALAM TRANSFORM BERHAD |
Stock Name | TALAMT |
Date Announced | 05 Nov 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-05112015-00040 |
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