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 29 March 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 Hearing dates for the said Discovery Application originally scheduled on 11 May 2022 and later postponed to 24 May 2022 have been vacated.
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The Company wishes to announce that the Penang High Court has fixed 7 June 2022 as the new Hearing date for the said Discovery Application.
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GA1-25052022-00012