Material Litigation

BackNov 18, 2014
Type Announcement
Subject MATERIAL LITIGATION
Description SALCON BERHAD (“SALCON” OR “THE COMPANY”)
MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS

Pursuant to Paragraph 9.04(f) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce the following litigations involving Linyi Salcon Water Co. Ltd ("LSWC"), a 60% owned subsidiary of Salcon Linyi (HK) Ltd, which in turn is a 99.9% owned subsidiary of Salcon Water (Asia) Ltd, which in turn is a 60% owned subsidiary of the Company:-

 1. Linyi Water Group Ltd  Vs LSWC;

2. Linyi Water Group Ltd Vs LSWC; and 

3. LSWC Vs Linyi Water Group Ltd.

Please refer to the attachment for further details on the litigations.

 


Announcement Info

Company Name SALCON BERHAD  
Stock Name SALCON    
Date Announced 18 Nov 2014  
Category General Announcement
Reference No CK-141118-59676

Attachments

  1. Salcon_Berhad_General_Announcement_Linyi_Salcon_Water_Co._Ltd_-_Material_Litigation.pdf (Size: 363,867 bytes)