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MATERIAL LITIGATION ISKANDAR WATERFRONT CITY BERHAD ("IWCITY" OR "THE COMPANY") - Writ and Statement of Claim by Tenaga Nasional Berhad

ISKANDAR WATERFRONT CITY BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ISKANDAR WATERFRONT CITY BERHAD ("IWCITY" OR "THE COMPANY")
- Writ and Statement of Claim by Tenaga Nasional Berhad

Reference is made to the Company’s announcements dated 17 November 2020, 10 December 2020, 8 February 2021, 29 March 2021, 4 May 2021, 17 May 2021, 19 July 2021, 24 August 2021, 14 September 2021, 4 October 2021, 11 November 2021 and 19 November 2021.

 

The Company wishes to inform that following the hearing on 5 December 2021, the Court has granted the Plaintiff’s Non-Joinder and Amendment Application with costs of RM7,000 and consequently, Tebrau Bay Sdn Bhd (“TBSB”) will be included into the suit as a 3rd Defendant.

 

The Court has further fixed a Case Management on 22 February 2022 to fix the hearing date for the Defendants’ applications to amend Statement of Defence, TBCSB’s Application to amend Notice of Application to strike out the Plaintiff’s action and Defendants’ Application for Extension of Time to file interlocutory applications.

 

The Company will make further announcement(s) on the material development of the case in due course.

 

This announcement is dated 6 December 2021.






Announcement Info

Company Name ISKANDAR WATERFRONT CITY BERHAD
Stock Name IWCITY
Date Announced 06 Dec 2021
Category General Announcement for PLC
Reference Number GA1-06122021-00036


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