MATERIAL LITIGATION

Company Name TWL HOLDINGS BERHAD
Stock Name TWL
Date Announced 21 Jun 2022
Category General Announcement for PLC
Reference Number GA1-21062022-00027

Type Announcement
Subject MATERIAL LITIGATION
Description
TWL HOLDINGS BERHAD ("TWL" or "THE COMPANY") 
- Kuala Lumpur High Court Originating Summons No. WA-24NCC-229-06/2020: Safari Alliance Sdn Bhd ("Plaintiff") v Tan Lee Chin (1st Defendant), Dato Tan Wei Lian (2nd Defendant), Chua Eng Chin (3rd Defendant), Dato Khoo Seng Hock (4th Defendant), Low Boon Chin (5th Defendant), Datin Sek Chian Nee (6th Defendant), Dato Lee Yuen Fong (7th Defendant) and Tiger Synergy Berhad (8th Defendant)

Further to the announcements dated 26 June 2020, 7 July 2020, 14 August 2020, 23 September 2020, 04 November 2020, 12 January 2021, 08 February 2021, 17 February 2021, 10 March 2021, 11 March 2021, 12 April 2021, 13 April 2021, 28 May 2021, 9 June 2021, 15 July 2021, 19 July 2021, 30 July 2021 and 14 January 2022,  the Company wishes to announce for the following appeals:

  1. Court of Appeal Civil Appeal No. W-02(NCC)(A)-1180-06/2021 (“Appeal 1180”)
  2. Court of Appeal Civil Appeal No. W-02(IM)(NCC)-1185-06/2021 (“Appeal 1185”)

 

The Hearing of Appeals 1180 & 1185 on 21st June 2022 has been vacated as a result of the Notice of Discontinuance filed by Safari Alliance Sdn Bhd.

 

This announcement is dated 21 June 2022.






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