MATERIAL LITIGATION CRESCENDO CORPORATION BERHAD ("CCB") COMMENCEMENT OF CIVIL PROCEEDINGS BY CRESCENDO EDUCATION SDN. BHD. ("CESB") AGAINST KTC HUMAN RESOURCE CONSULTANTS SDN. BHD. ("KTC") AND CRESCENDO INTERNATIONAL COLLEGE SDN. BHD. ("CICSB") JOHOR BAHRU HIGH COURT CIVIL SUIT NO. JA-22NCvC-6-01/2024
| CRESCENDO CORPORATION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | CRESCENDO CORPORATION BERHAD ("CCB")
COMMENCEMENT OF CIVIL PROCEEDINGS BY CRESCENDO EDUCATION SDN. BHD. ("CESB") AGAINST KTC HUMAN RESOURCE CONSULTANTS SDN. BHD. ("KTC") AND CRESCENDO INTERNATIONAL COLLEGE SDN. BHD. ("CICSB") JOHOR BAHRU HIGH COURT CIVIL SUIT NO. JA-22NCvC-6-01/2024 |
The Board of Directors of CCB wishes to announce on the commencement of the civil proceedings by its wholly-owned subsidiary CESB, as the Plantiff, against KTC, as the 1st Defendant, and CICSB, a 55%-owned subsidiary of CESB, as the 2nd Defendant, in relation to the dispute between CESB and KTC as the shareholders of CICSB. Please refer to the attachment for further details. This announcement is dated 7 February 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | CRESCENDO CORPORATION BERHAD |
| Stock Name | CRESNDO |
| Date Announced | 07 Feb 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07022024-00052 |