MATERIAL LITIGATION

Company Name JERASIA CAPITAL BERHAD
Stock Name JERASIA
Date Announced 21 Jun 2022
Category General Announcement for PLC
Reference Number GA1-21062022-00035

Type Announcement
Subject MATERIAL LITIGATION
Description
JERASIA CAPITAL BERHAD ("JCB" OR "THE COMPANY") - HIGH COURT OF MALAYA AT KUALA LUMPUR SUIT NO. WA-22NCC-43-01/2022: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY AMBANK (M) BERHAD ("AMB" OR "PLAINTIFF"), AGAINST THE COMPANY ("DEFENDANT")

For consistency, all abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 28 January 2022, 11 February 2022, 15 February 2022 and 5 April 2022, where applicable, unless stated otherwise or defined herein.

 

Further to the Company’s announcements made on 28 January 2022, 11 February 2022, 15 February 2022 and 5 April 2022, the Company’s solicitors, Messrs Vanaja, Allison & Jee had notified the Company that during the hearing held on 20 June 2022, the Court has fixed another hearing date on 22 August 2022 to hear both the Defendant's application for a stay of proceeding and the Plaintiff's application for a summary judgment. 

 

Further development(s) on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.

 

This announcement is dated 21 June 2022.






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