News
Material Litigation
BackNov 22, 2021
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | IN THE MATTER AT THE COURT OF APPEAL, PUTRAJAYA, APPEAL NO. J-02(NCVC)(W)-276-02/2020 AND APPEAL NO. J-02(NCVC)(W)-266-02/2020 BETWEEN PEMBINAAN YENG TONG SDN BHD AS THE APPELLANT AND ZELAN CONSTRUCTION SDN BHD AS THE RESPONDENT AND IN THE MATTER AT THE COURT OF APPEAL, PUTRAJAYA, APPEAL NO. J-02(NCVC)(W)-417-03/2020 BETWEEN ZELAN CONSTRUCTION SDN BHD AS THE APPELLANT AND PEMBINAAN YENG TONG SDN BHD AS THE RESPONDENT |
Reference is made to the announcement on 11 March 2020 in relation to the appeals filed by Pembinaan Yeng Tong Sdn Bhd (“PYT”) at the Court of Appeal, Putrajaya via Appeal No. J-02(W)-276-02/2020 and No. J-02(W)-266-02/2020 against Zelan Berhad’s (“Company”) wholly owned subsidiary, Zelan Construction Sdn Bhd (“ZCSB”) and ZCSB’s appeal against PYT at the Court of Appeal, Putrajaya via Appeal No. J-02(NCVC)(W)-417-03/2020 where all appeals have proceeded for hearing.
The Company wishes to announce that ZCSB was informed by its solicitors that the Court of Appeal has delivered its decision on 17 November 2021, as follows:-
- The Appeals No. J-02(W)-267-02/2020 and No. J-02(W)-266-02/2020 filed by PYT against ZCSB are dismissed with cost of RM15,000.00 each to be paid by PYT ; and
- The Appeal No. J-02(NCVC)(W)-417-03/2020 filed by ZCSB against PYT is allowed with cost of RM10,000.00 to be paid by PYT .
This Announcement is dated 22 November 2021.
Announcement Info
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 22 Nov 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22112021-00055 |