News

Material Litigation

BackDec 01, 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.

 

The Company wishes to announce that during the hearing of the Originating Summons (“OS”) on 30 November 2021, the Kuala Lumpur High Court directed as follows: -

 

1. vacated the hearing of the OS scheduled on 7 December 2021 but maintained the hearing scheduled on 8 December 2021; and

 

2. fixed new hearing dates on 11 and 14 March 2022.

 

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

 

This announcement is dated 1 December 2021.




Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 01 Dec 2021
Category General Announcement for PLC
Reference Number GA1-01122021-00030