News

Material Litigation

BackAug 06, 2021
Type Announcement
Subject MATERIAL LITIGATION
Description

AWANBIRU TECHNOLOGY BERHAD (FORMERLY KNOWN AS PRESTARIANG BERHAD) ("AWANTEC" OR "THE COMPANY") - UPDATES ON LEGAL PROCEEDINGS BY PRESTARIANG SKIN SDN. BHD. ("PSKIN" OR "PLAINTIFF") AGAINST THE GOVERNMENT OF MALAYSIA ("GOM" OR "DEFENDANT")

We refer to our announcement dated 15 April 2019 and series of subsequent announcements thereafter in relation to the legal proceedings by PSKIN against the GOM.

 

During the case management of the Originating Summons on 6 August 2021 before the High Court (initially fixed for hearing but was converted to a Case Management by the High Court), the High Court directed as follows: -

 

(i)            vacated the upcoming hearings previously fixed on 18 and 19 August 2021;

 

(ii)           fixed Case Management on 21 October 2021; and

 

(iii)          fixed new hearing dates on 2, 3, 29 and 30 November 2021 and 7, 8 and 10 December 2021.

 

The Company will make the necessary announcements on material developments in respect of this matter from time to time.

 

This announcement is dated 6 August 2021. 




Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 06 Aug 2021
Category General Announcement for PLC
Reference Number GA1-06082021-00084