Material Litigation

BackMay 26, 2023
Type Announcement
Subject MATERIAL LITIGATION
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY")

UPDATE ON MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(f) OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS IN RELATION TO ORIGINATING SUMMONS (Summons No.: BA-24NCC-118-12/2022) AND (Civil Suit No. BA-22NCvC-41-01/2023).

 

Reference is made to the Announcement on 19 December 2022 and 17 February 2023.

 

The Company wishes to update the litigation in relation to the Originating Summons (Summons No. BA-24NCC-118-12/2022) and Civil Suit (Civil Suit No. BA-22NCvC-41-01/2023) involving JR Engineering and Medical Technologies (M) Sdn Bhd ("JREMT"), a 51.0%- owned subsidiary of Nusantara Jasakita Sdn Bhd which in turn is a wholly-owned subsidiary of the Company and Aspen Glove Sdn Bhd ("AGSB").

 

Please refer to the attachment for further details.

 

Please refer attachment below.

 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 26 May 2023
Category General Announcement for PLC
Reference Number GA1-25052023-00061



Attachments

  1. Material_Litigation_JREMT_vs_Aspen_Glove_Sdn_Bhd_(Update_24_May_2023).pdf (Size: 121,319 bytes)