MATERIAL LITIGATION MUAR BAN LEE GROUP BERHAD ("MBL" OR "THE COMPANY") [PENANG HIGH COURT, CIVIL SUIT NO.: PA-22NCC-13-04/2022] DOA HUAT HOLDINGS SDN BHD ("PLAINTIFF") VS. MBL PLANTATION SDN BHD ("MBLPSB" OR "DEFENDANT")
| MUAR BAN LEE GROUP BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | MUAR BAN LEE GROUP BERHAD ("MBL" OR "THE COMPANY")
[PENANG HIGH COURT, CIVIL SUIT NO.: PA-22NCC-13-04/2022]
DOA HUAT HOLDINGS SDN BHD ("PLAINTIFF") VS. MBL PLANTATION SDN BHD ("MBLPSB" OR "DEFENDANT") |
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Further to the announcements made on 18 February 2022, 2 March 2022, 20 May 2022, 29 July 2022, 2 September 2022, 4 October 2022, 22 November 2022, 9 December 2022, 6 January 2023, 13 February 2023, 10 May 2023, 23 May 2023, 20 June 2023, 14 August 2023, 15 September 2023, 21 November 2023, 12 December 2023 and 29 January 2024, in respect of the Penang High Court Civil Suit No. PA-22NCC-13-04/2022 Doa Huat Holdings Sdn Bhd ("Plaintiff") vs. MBL Plantation Sdn Bhd ("MBLPSB" or "Defendant").
The Board of Directors of MBL wishes to announce that MBLPSB's solicitor had updated the Company on the outcome of Hearing of the Stay held on 11 March 2024. The Court dismissed the Plaintiff's Application for Stay of Interrogatories with costs of RM5,000.00 to be paid to Defendant. The Court directed that the Plaintiff must file the Interrogatories in 14 days from today. Witness statements for the trial to be filed on 22 April 2024, and next e-review is fixed on 23 April 2024.
Further announcements on the development of this matter will be made to Bursa Malaysia Securities Berhad from time to time.
This announcement is dated 11 March 2024. |
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Announcement Info
| Company Name | MUAR BAN LEE GROUP BERHAD |
| Stock Name | MBL |
| Date Announced | 11 Mar 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11032024-00035 |