News

Material Litigation

BackNov 12, 2018
Type Announcement
Subject MATERIAL LITIGATION
Description

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 announcements dated 8 August 2018, 7 September 2018 and 3 October 2018 in relation to the Material Litigation against LHSB for the 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 which came up for mention today.

The Shah Alam High Court has fixed the hearing of the Application to enter Judgment in Default of Defence on 4th January 2019.

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

This announcement is dated 12 November 2018.




Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 12 Nov 2018
Category General Announcement for PLC
Reference Number GA1-12112018-00024