News

Material Litigation

BackSep 07, 2018
Type Announcement
Subject MATERIAL LITIGATION
Description

KUMPULAN PERANGSANG SELANGOR BERHAD (PERANGSANG SELANGOR) SHAH ALAM HIGH COURT OF MALAYSIA (COURT) (CIVIL SUIT NO. BA-22NCVC-377-08/2018): FILLING OF WRIT OF SUMMONS AND STATEMENT OF CLAIM BY PERANGSANG HOTEL & PROPERTIES SDN. BHD. (PHP / PLAINTIFF) AGAINST LEO HOSPITALITY SDN. BHD. (LHSB / DEFENDANT) (CIVIL SUIT)

Reference is made to Perangsang Selangor’s announcement dated 8 August 2018 in relation to the Material Litigation against LHSB for a claim arising out of the Lease Agreement which was entered between PHP and LHSB on 27 December 2016.

The Board of Directors of Perangsang Selangor wishes to announce the following update on the Material Litigation.

Due to the Defendant’s failure to file a Memorandum of Appearance up to the date of the Case Management on 7 September 2018, the Plaintiff shall proceed to file the application for Judgment in Default of Defence.

The Shah Alam High Court has directed as follows:

i.  The Plaintiff is to file the necessary papers on or before 21st September 2018;

ii.  The Plaintiff is to file any written submissions on or before 3rd October 2018; and

iii. A further date is fixed on 3rd October 2018.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 7 September 2018.

 

 

 


Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 07 Sep 2018
Category General Announcement for PLC
Reference Number GA1-07092018-00054