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Material Litigation

BackNov 14, 2017
Type Announcement

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 27 October 2017.

Further to the case management held on 13 November 2017, the Company wishes to announce that the High Court has directed as follows:-

1.     in respect of Tack Yap Construction (M) Sdn Bhd’s (“Tack Yap”) application dated 6 November 2017 to transfer the suit from the Kuala Lumpur High Court to the Shah Alam High Court, which the Company is opposing:-


  1.            the Company is to file its reply affidavit by 22 November 2017;
  2.            written submissions are to be filed by 26 December 2017; and
  3.            Application is fixed for decision on 29 December 2017.


2.     the suit is further fixed for case management on 29 December 2017 to update the High Court on the status of the trial documents and the intended witnesses of parties respectively.


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 14 November 2017.


Announcement Info

Stock Name EURO
Date Announced 14 Nov 2017
Category General Announcement for PLC
Reference Number GA1-13112017-00090

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