MATERIAL LITIGATION IRE-TEX CORPORATION BERHAD ("Ire-Tex" or "the Company") - Writ of Summons and Statement of Claim by Ire-Tex against Teh Eng Huat and Khoo Hun Sniah in the High Court of Malaya at Penang (Civil Suit No.: 22NCVC-166-10/2015)

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
IRE-TEX CORPORATION BERHAD ("Ire-Tex" or "the Company")
- Writ of Summons and Statement of Claim by Ire-Tex against Teh Eng Huat and Khoo Hun Sniah in the High Court of Malaya at Penang (Civil Suit No.: 22NCVC-166-10/2015)

For consistency, the abbreviations and capitalized terms used throughout this announcement shall have the same meanings as defined in the announcements dated 6 November 2015, 13 November 2015, 7 January 2016, 29 January 2016, 5 February 2016, 1 March 2016, 22 March 2016, 13 April 2016 and 18 May 2016 in relation to the material litigation, where applicable, unless stated otherwise or defined herein.

Further to the Company’s announcements made on 6 November 2015, 13 November 2015, 7 January 2016, 29 January 2016, 5 February 2016, 1 March 2016, 22 March 2016, 13 April 2016 and 18 May 2016, the Board of Directors of Ire-Tex wishes to inform that pursuant to the case management held on 13 June 2016 at Penang High Court:-

  1. The Company’s solicitors informed the Court that on 10 June 2016, the following documents were filed and served on the First and Second Defendants’ solicitors respectively:-
    • Plaintiff’s affidavit in reply to the First Defendant’s affidavit dated 29 April 2016 in relation to the Discovery Application; and
    • Plaintiff’s affidavit in reply to the Second Defendant’s affidavit dated 12 May 2016 in relation to Ire-Tex’s Summary Judgment Application against the Second Defendant.
  2. The Court informed the parties that the Court would dispose the Discovery Application before fixing a hearing date for the Summary Judgment Applications against the First and Second Defendants, and as such, the Company’s solicitors had requested the Court to proceed to fix a hearing date for the Discovery Application.
  3. Nevertheless, the Court had directed the First Defendant to file his affidavit in reply for the Discovery Application and for the parties to exhaust all affidavits for the Discovery Application by the next case management, which is fixed on 13 July 2016. The Court will fix a hearing date for the Discovery Application during this case management date on 13 July 2016.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 14 June 2016.






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 14 Jun 2016
Category General Announcement for PLC
Reference Number GA1-14062016-00040