Euro Holdings Berhad ("EURO" or the "Company") Kuala Lumpur High Court Civil Suit No: WA-22C-50-04/2017 Tack Yap Construction (M) Sdn Bhd (the Plaintiff) v Euroland & Development Sdn Bhd (the Defendant)
Reference is made to the Company's announcement dated 21 September 2017.
Further to the case management held on 26 October 2017, the Company wishes to announce the following:-
a) The High Court was apprised that the mediation between the Company and Tack Yap Construction (M) Sdn Bhd (“Tack Yap”) on 20 September 2017 was unfortunately unsuccessful;
b) The High Court made the following two (2) recommendations to parties:-
c) The High Court fixed the matter for case management on 13 November 2017 for parties to relay to the High Court their respective positions in respect of the recommendations above.
Further announcement(s) to Bursa Malaysia Securities Berhad on any material development on the above will be made in due course.
This announcement is dated 27 October 2017.
|Company Name||EURO HOLDINGS BERHAD|
|Date Announced||27 Oct 2017|
|Category||General Announcement for PLC|