News

Material Litigation

BackApr 08, 2024
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.

Subsequent to the announcement made on 8 April 2024, the Company wishes to announce that the GOM has filed their Notice of Appeal against the decision of Kuala Lumpur High Court on 8 April 2024. The Company maintains its stance on its own appeal.

The Company will make the relevant update announcement(s) in relation to the matter as and when there are material developments on the same.

This announcement is dated 8 April 2024.

Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 08 Apr 2024
Category General Announcement for PLC
Reference Number GA1-08042024-00088