General announcement
MATERIAL LITIGATION
PENANG HIGH COURT CIVIL SUIT NO. PA-22NCVC-155-09/2020 TENAGA NASIONAL BERHAD -VS- KUMPULAN IKRAM SDN. BHD.
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Reference is made to the Company’s announcement on 21 February 2024.
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As announced earlier, the wholly owned subsidiary of the Company, Kumpulan Ikram Sdn. Bhd. (“KISB" or "Defendant”), had received a Writ of Summons and Statement of Claim served by Tenaga Nasional Berhad (“TNB” or ”Plaintiff”) claiming RM6,799,961.83.
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The Company wishes to announce that the learned Penang High Court Judge has fixed 8 May 2024 for oral submission.
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GA1-06032024-00006