EIB

0.360

+0.025 (+7.5%)

MATERIAL LITIGATION Ecoscience International Berhad ("EIB" or the "Company") - Writ of Summons and Statement of Claim Served by Ecoscience Manufacturing & Engineering Sdn. Bhd. (the "Plaintiff") to RDS Marketing Malaysia Sdn. Bhd. (the "Defendant") in the High Court of Malaya at Shah Alam ("Court") Civil Suit No. BA-22NCvC-6-01/2024 ("Suit")

ECOSCIENCE INTERNATIONAL BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Ecoscience International Berhad ("EIB" or the "Company") - Writ of Summons and Statement of Claim Served by Ecoscience Manufacturing & Engineering Sdn. Bhd. (the "Plaintiff") to RDS Marketing Malaysia Sdn. Bhd. (the "Defendant") in the High Court of Malaya at Shah Alam ("Court") Civil Suit No. BA-22NCvC-6-01/2024 ("Suit")

We refer to our announcements dated 5 January 2024, 9 January 2024, 8 February 2024, 27 February 2024, 1 March 2024, 15 March 2024, 18 March 2024, 25 March 2024 and 5 April 2024 in respect of the above Suit. Unless otherwise defined, all definitions used throughout this announcement shall have the same meaning as defined in our said earlier announcements.

 

The Board of the Company wishes to update that the Plaintiff had on 19 April 2024 served the Affidavit in Reply in relation to the Summary Judgment to the Defendant in respect of the Suit.

 

Meanwhile, based on the case management held on 19 April 2024 in respect of the application to enter Summary Judgment against the Defendant (“Application”), the Court has directed the Plaintiff and Defendant to file their Written Submissions simultaneously on or before 14 May 2024 and the Submission in Reply simultaneously on or before 28 May 2024, since the filing of Affidavit in respect of the Application has been exhausted.

 

The Application has been fixed for Hearing before the High Court Judge via Zoom on 4 June 2024.

 

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.

 

This announcement is dated 19 April 2024.






Announcement Info

Company Name ECOSCIENCE INTERNATIONAL BERHAD
Stock Name EIB
Date Announced 19 Apr 2024
Category General Announcement for PLC
Reference Number GA1-19042024-00054