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MATERIAL LITIGATION ASDION BERHAD ("THE COMPANY" OR "ASDION") - IN HIGH COURT OF MALAYA AT KUALA LUMPUR COMPANIES (WINDING-UP) PETITION NO. WA-28NCC-197-02/2020 PETITIONER : ANGKA-TAN MOTOR SDN. BHD. RESPONDENT : ASDION BERHAD SUPPORTING CREDITOR - TC CAPITAL RESOURCES SDN BHD

ASDION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ASDION BERHAD ("THE COMPANY" OR "ASDION")
-	IN HIGH COURT OF MALAYA AT KUALA LUMPUR  COMPANIES (WINDING-UP) PETITION NO. 
        WA-28NCC-197-02/2020
        PETITIONER : ANGKA-TAN MOTOR SDN. BHD. 
        RESPONDENT : ASDION BERHAD
        SUPPORTING CREDITOR - TC CAPITAL RESOURCES SDN BHD

Further to the announcements dated 20 February 2020, 5 March 2020, 8 May 2020, 14 July 2020 and 14 August 2020, the Board of Directors of Asdion Berhad wishes to announce that Angkatan-Tan Motor Sdn Bhd withdrew its winding-up petition agaist TC Capital Resources Sdn Bhd ("TC Capital") with no order as to cost. 

 

The supporting creditor, TC Capital has now substituted the original Petitioner. The Hearing is now fixed for 26.02.2021, subject TC Capital to getting ready the cause papers.

 

This announcement is dated 26 January 2021.






Announcement Info

Company Name ASDION BERHAD
Stock Name ASDION
Date Announced 26 Jan 2021
Category General Announcement for PLC
Reference Number GA1-26012021-00082


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