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 and 13 April 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 and 13 April 2016, the Board of Directors of Ire-Tex wishes to inform that:-

1. A Notice of Change of Solicitors has been filed at the Penang High Court on 13 May 2016 by Messrs. Jal & Lim, the new solicitors representing the Company for the litigation;

2. During the case management on 16 May 2016, the Court was informed that Messrs. Jal & Lim has taken over conduct of the case from Messrs. Chua Associates, the former solicitors for the Company;

3. The Court proceeded to fix the next case management on 13 June 2016 for Messrs. Jal & Lim to:-

(i) file an affidavit in reply to the Affidavit in Support affirmed by the First Defendant on 29 April 2016 in relation to the application for discovery of documents (“Discovery Application”); and

(ii) file an affidavit in reply to the affidavit affirmed by the Second Defendant on 12 May 2016 in relation to Ire-Tex’s O14 Application against Second Defendant.

4. The Court has vacated the case management of the Discovery Application which was earlier fixed on 17 May 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 18 May 2016.






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 18 May 2016
Category General Announcement for PLC
Reference Number GA1-18052016-00069