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MATERIAL LITIGATION MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") Court of Appeal of Malaysia, Appeal No.: W-02(IM)(NCC)-441-03/2022 Kuala Lumpur High Court Civil Suit No. WA-22NCC-295-07/2021 Appellant: Empire Holdings Ltd; Respondent: (1) Ithmaar Development Company Ltd (1st Respondent); (2) Ithmaar Bank B.S.C. (2nd Respondent); (3) MAA Group Berhad; (4) Tunku Dato Yaacob Khyra (4th Respondent) and (5) Turiya Berhad (5th Respondent)

TURIYA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") 
Court of Appeal of Malaysia, Appeal No.: W-02(IM)(NCC)-441-03/2022 Kuala Lumpur High Court Civil Suit No. WA-22NCC-295-07/2021 Appellant: Empire Holdings Ltd; Respondent: (1) Ithmaar Development Company Ltd (1st Respondent); (2) Ithmaar Bank B.S.C. (2nd Respondent); (3) MAA Group Berhad; (4)  Tunku Dato Yaacob Khyra (4th Respondent) and (5) Turiya Berhad (5th Respondent)

Reference is made to the Company's announcements dated 5 July 2021, 7 July 2021, 5 August 2021, 23 September 2021, 27 September 2021, 29 September 2021, 4 October 2021, 15 October 2021, 1 December 2021, 4 January 2022, 6 January 2022, 18 February 2022, 10 March 2022, 25 April 2022, 17 June 2022, 26 August 2022, 30 September 2022, 30 November 2022, 14 February 2023, 27 February 2023, 24 March 2023, 30 March 2023, 18 May 2023 and 20 June 2023 on the above matter.

 

Unless otherwise defined, the terms used herein shall have the same meaning as defined in the announcements.

 

The Company wishes to announce that the Company had on 15 September 2023, via its solicitors, Messrs. Shook Lin & Bok, attended the Court of Appeal of Malaysia for the hearing of Appellant’s application for consolidation of W-02(NCC)(W)-511-03/2023 (“Appeal 511”) and W-02(IM)(NCC)-441-03/2022 (“Appeal 441”).  The Court of Appeal of Malaysia has allowed the Appellant’s application but has further directed for both Appeal 511 and Appeal 441 to be heard together, instead of being consolidated.

 

The Company will make further announcement on the above matter as and when there is a material development in relation thereof and/or upon receipt of any further directions and/or orders by the Court.

 

This announcement is dated 15 September 2023.






Announcement Info

Company Name TURIYA BERHAD
Stock Name TURIYA
Date Announced 15 Sep 2023
Category General Announcement for PLC
Reference Number GA1-15092023-00043



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