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MATERIAL LITIGATION MAA GROUP BERHAD ("MAAG" OR "THE COMPANY") HIGH COURT OF MALAYA AT KUALA LUMPUR CIVIL SUIT NO. WA-22NCC-295-07/2021: EMPIRE HOLDINGS LTD ("PLAINTIFF") VS ITHMAAR DEVELOPMENT COMPANY LTD ("1ST DEFENDANT"), ITHMAAR BANK B.S.C. (CLOSED) ("2ND DEFENDANT"), MAAG ("3RD DEFENDANT"), TUNKU DATO' YAACOB KHYRA ("4TH DEFENDANT") AND TURIYA BERHAD ("5TH DEFENDANT") (COLLECTIVELY REFERRED TO AS "DEFENDANTS")

MAA GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MAA GROUP BERHAD ("MAAG" OR "THE COMPANY") 

HIGH COURT OF MALAYA AT KUALA LUMPUR CIVIL SUIT NO. WA-22NCC-295-07/2021:
EMPIRE HOLDINGS LTD ("PLAINTIFF") VS ITHMAAR DEVELOPMENT COMPANY LTD ("1ST DEFENDANT"), ITHMAAR BANK B.S.C. (CLOSED) ("2ND DEFENDANT"), MAAG ("3RD DEFENDANT"), TUNKU DATO' YAACOB KHYRA ("4TH DEFENDANT") AND TURIYA BERHAD ("5TH DEFENDANT") (COLLECTIVELY REFERRED TO AS "DEFENDANTS")

Reference is made to the Company's announcements dated 5 July 2021 and 8 July 2021 in relation to the Writ of Summons dated 3 July 2021 from the Plaintiff, together with the Notice of Application dated 3 July 2021 and Affidavit in Support of Sarin Sahadev Mohan Swami affirmed on 2 July 2021. Unless otherwise stated, the terms stated herein shall have the same meaning as defined in the announcement.

 

The Company wishes to announce that the Court has on 5 August 2021 decided as follows:

  1. The hearing date, for all applications filed by all parties to date, is fixed for 21 September 2021, at 2.15 p.m. (“Hearing Date”); and
  2. The Ad Interim Injunction, granted on 7 July 2021, is extended from 5 August 2021 until the Hearing Date.

The Company will make further announcement on the above matter as and when there is a material development in relation thereof and/or upon receipt of any further directions by the Court.

 

This announcement is dated 5 August 2021.






Announcement Info

Company Name MAA GROUP BERHAD
Stock Name MAA
Date Announced 05 Aug 2021
Category General Announcement for PLC
Reference Number GA1-05082021-00090


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