General Announcement for PLC

06/03/2020

MATERIAL LITIGATION TALAM TRANSFORM BERHAD ("TTB" or "the Company") KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015 (1) PLAINTIFF: UNIVERSAL HEALTHCARE (R&D) SDN BHD (2) DEFENDANT: TALAM TRANSFORM BERHAD AND 3 OTHERS

TALAM TRANSFORM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
TALAM TRANSFORM BERHAD ("TTB" or "the Company") 

KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015 (1) PLAINTIFF: UNIVERSAL HEALTHCARE (R&D) SDN BHD (2) DEFENDANT: TALAM TRANSFORM BERHAD AND 3 OTHERS

We refer to our announcement dated 13 April 2016 regarding Civil Suit No. 22NCC-327-10/2015 (“Civil Suit”) by Universal Healthcare (R&D) Sdn Bhd (“Plaintiff”) against TTB and 3 other Defendants who were Directors of Pandan Indah Medical Management Sdn Bhd (In Liquidation), a former subsidiary of TTB.

 

The Board of Directors wishes to announce that on 6 March 2020, the High Court has delivered its decision that the Plaintiff’s Civil Suit has been dismissed without cost. TTB’s counterclaim is also dismissed with no order as to costs.

                                                                            

This announcement is dated 6 March 2020.



Announcement Info

Company Name TALAM TRANSFORM BERHAD
Stock Name TALAMT
Date Announced 06 Mar 2020
Category General Announcement for PLC
Reference Number GA1-06032020-00061


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