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 25 May 2022.
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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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KISB had on 25 January 2022 filed an application for the discovery of the Project documents from TNB (“Discovery Application”).
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The Company wishes to announce that the Penang High Court had dismissed the Discovery Application with cost in the cause.
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The full trial date for the case is yet to be fixed by the Court.
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GA1-08062022-00027