Material Litigation

BackSep 28, 2020
Type Announcement
Subject MATERIAL LITIGATION
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY") NOTICE TO COMMENCE ARBITRATION PROCEEDINGS BY SALCON MMCB AZSB JV SDN BHD AGAINST PENGURUSAN ASET AIR BERHAD

We refer to our announcements of 17 April 2014 and 26 August 2020. Unless otherwise stated, the abbreviations used in this announcement shall have the same meaning as set out in the earlier announcements.

 

Salcon wishes to announce that SMAJV had, on 25 September 2020, been informed by its solicitors that PAAB had served its Response to SMAJV’s Arbitration Notice dated 26 August 2020 (“Response to Arbitration Notice”).

 

Please refer to the attachement for further details.

 

 

Please refer attachment below.

 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 28 Sep 2020
Category General Announcement for PLC
Reference Number GA1-25092020-00119

Attachments

  1. SB_PAAB_response_to_Notice_of_Arbitration_served_by_SMAJV.pdf (Size: 278,095 bytes)