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 capitalised terms used throughout this announcement shall have the same meanings as defined in the announcements dated 6 November 2015, 7 January 2016, 22 March 2016, 18 May 2016 and 30 August 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, 18 May 2016, 14 June 2016, 14 July 2016 and 30 August 2016, the Board of Directors of Ire-Tex wishes to inform that:-

  1. On 13 September 2016, Ire-Tex had vide its solicitors, attended the continued hearing of the Discovery Application held at Penang High Court.
  2. During the hearing, the Judge acknowledged that he had received the Attachments from the Company’s solicitors. However, after perusing the Attachments, the Judge was unable to decide whether the Attachments are relevant and necessary to be produced to the Defendants in view that he does not know the full facts of the case at this juncture.
  3. Therefore, the Judge had directed the Defendants to inspect the Attachments in Court and to prepare the submissions to set out the reasons why each and every document in the Attachments are relevant and necessary to the current Court proceedings (“Defendants’ Submissions”).
  4. Nonetheless, the Company’s solicitors were not agreeable to this and raised an objection on the basis that allowing the Defendants to inspect the Attachments would go against the principles of a Discovery Application, as the Defendants are now allowed to peruse the Attachments without proving that these Attachments are relevant and necessary. However, the Judge was of the view that the Defendants’ Submissions are required to enable him to deliver his decision on the Discovery Application correctly.
  5. The Judge then directed as follows:-
  • the Defendants are to inspect the Attachments in Court in the presence of the Company’s solicitors on a date to be agreed between the parties;
  • after inspecting the Attachments, the Defendants are to prepare the Defendant’s Submissions to be filed in Court; and
  • the continued hearing of the Discovery Application is fixed on 16 November 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 19 September 2016.






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 19 Sep 2016
Category General Announcement for PLC
Reference Number GA1-19092016-00089