Material Litigation

BackJul 27, 2023
Type Announcement
Subject MATERIAL LITIGATION
Description

AWANBIRU TECHNOLOGY 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: -

 

(i) the hearing of the Originating Summons (“OS”) scheduled on 25 and 26 July 2023 has taken place and was duly heard by the Court;

 

(ii) the Court has fixed an additional hearing date on 15 August 2023 for the continued hearing of the OS.

 

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

 

This announcement is dated 27 July 2023.


Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 27 Jul 2023
Category General Announcement for PLC
Reference Number GA1-27072023-00034