ZENTECH

0.020

(%)

OTHERS ZEN TECH INTERNATIONAL BERHAD ("ZTIB" OR "THE COMPANY") - Writ of Summon and Statement of Claim (High Court of Malaya at Kuala Lumpur Suit No. WA-22NCC-693-09/2023) ("Suit") - Lim Khai Guan ("the Plaintiff") v the Company ("the 1st Defendant"), the 2nd Defendant and the Solicitors for the Plaintiff ("the 3rd Defendant") (collectively referred to as "the Defendants")

ZEN TECH INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
ZEN TECH INTERNATIONAL BERHAD ("ZTIB" OR "THE COMPANY")
- Writ of Summon and Statement of Claim (High Court of Malaya at Kuala Lumpur Suit No. WA-22NCC-693-09/2023) ("Suit")
- Lim Khai Guan ("the Plaintiff") v the Company ("the 1st Defendant"), the 2nd Defendant and the Solicitors for the Plaintiff ("the 3rd Defendant") (collectively referred to as "the Defendants")

Reference is made to the Company’s announcements dated 27 June 2023, 25 July 2023, 4 October 2023 and 25 October 2023 (“Announcements”). Unless otherwise defined in this announcement, all defined terms used herein shall have the same meaning as those defined in the Announcements.

 

The Board of Directors (“the Board”) of the Company wishes to announce that on 11 March 2024, the matter below was fixed for hearing:-

 

(a) Enclosure 7

 

This is an application by the Plaintiff for mareva injunction. The Court has dismissed the application for mareva injunction with costs of RM5,000.00 to be paid by the Plaintiff to the 1st Defendant and the 3rd Defendant.

 

(b) Enclosure 10

 

This is an interpleader application by the 3rd Defendant for the Court direction on the stakeholder money of RM3,000,000.00 either to be placed on joint current account by the Plaintiff and the 1st Defendant and/or to be paid to the Court. Upon submission of the parties, the Court has directed the RM3,000,000.00 to be released to the 1st Defendant.

              

(c) Enclosure 32

 

This is an application by the 2nd Defendant to strike out the suit. The Court has dismissed the application with costs in the cause.

 

As for the main suit, the Court has fixed the matter for full trial on 16 until 20 December 2024. The Court further directed parties to file the following:-

 

(a) bundle of pleadings

(b) common bundle of documents

(c) issues to be tried

(d) agreed facts

 

The matter was fixed for next case management on 15 May 2024.

 

Further announcements on the material development of the above matter will be made from time to time, where necessary.

 

This announcement is dated 14 March 2024.






Announcement Info

Company Name ZEN TECH INTERNATIONAL BERHAD
Stock Name ZENTECH
Date Announced 14 Mar 2024
Category General Announcement for PLC
Reference Number GA1-14032024-00058