MATERIAL LITIGATION

Company Name JERASIA CAPITAL BERHAD
Stock Name JERASIA
Date Announced 22 Jun 2022
Category General Announcement for PLC
Reference Number GA1-22062022-00057

Type Announcement
Subject MATERIAL LITIGATION
Description
JERASIA CAPITAL BERHAD ("JCB" OR "THE COMPANY") - HIGH COURT OF KUALA LUMPUR SUIT NO. WA-22NCC-500-11/2021: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY BANK OF CHINA (MALAYSIA) BERHAD ("BOC") ("PLAINTIFF"), AGAINST CANTERAN APPAREL SDN. BHD. ("CASB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND JCB ("DEFENDANTS")

For consistency, all abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 26 November 2021, 8 December 2021, 10 December 2021, 9 February 2022, 1 March 2022 and 14 June 2022, where applicable, unless stated otherwise or defined herein.

 

Further to the Company’s announcements made on 26 November 2021, 8 December 2021, 10 December 2021, 9 February 2022, 1 March 2022 and 14 June 2022 in respect of the writ of summon and statement of claim filed by BOC against CASB and JCB, the Company's solicitors, Messrs Vanaja, Allison & Jee had notified the Company that the case management was held on 20 June 2022, and subsequently on 21 June 2022, the Court has allowed the second Defendant's application for a stay of proceedings and further fixed for another case management on 24 June 2022. 

 

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

 

This announcement is dated 22 June 2022.

 






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