General announcement
MATERIAL LITIGATION
MATERIAL LITIGATION LEGAL SUIT AGAINST PT ANGLO SLAVIC UTAMA (1st Defendant), TEY POR YEE (2nd Defendant) AND OOI KOCK AUN (3rd Defendant)
MATERIAL LITIGATION LEGAL SUIT AGAINST PT ANGLO SLAVIC UTAMA (1st Defendant), TEY POR YEE (2nd Defendant) AND OOI KOCK AUN (3rd Defendant)
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Subject :: MATERIAL LITIGATION
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As announced previously on 19 August 2015, Protasco Berhad (“Company”) has initiated legal proceedings against PT Anglo Slavic Utama (“1st Defendant”) and two of its former directors, namely Tey Por Yee (“2nd Defendant”) and Ooi Kock Aun (“3rd Defendant”) and the said legal proceedings which is fixed for trial on 1 October 2015 to 2 October 2015 has been vacated.
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The 1st Defendant’s application to stay the proceedings pending its appeal in the Court of Appeal is adjourned to be heard on 13 October 2015. In relation to 2nd and 3rd Defendant’s stay applications, the Company wishes to announce that the said stay applications has been withdrawn today. A case management is fixed on 13 October 2015 for parties to obtain further directions.
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GA1-05102015-00041