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MATERIAL LITIGATION MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") Kuala Lumpur High Court Application for Judicial Review No.: WA-25-391-06/2022 Applicant: Empire Holdings Ltd; Respondents: (1) Securities Commission of Malaysia; (2) MAA Group Berhad; and (3) Turiya Berhad

TURIYA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") 
Kuala Lumpur High Court Application for Judicial Review No.: WA-25-391-06/2022 Applicant: Empire Holdings Ltd; Respondents: (1) Securities Commission of Malaysia; (2) MAA Group Berhad; and (3) Turiya Berhad

Reference is made to the Company's announcements dated 22 June 2022, 29 June 2022, 7 July 2022, 19 July 2022, 11 August 2022, 7 September 2022, 9 September 2022, 12 September 2022, 14 September 2022, 15 September 2022, 16 September 2022, 25 November 2022, 10 January 2023, 20 January 2023, 26 January 2023, 24 March 2023, 3 May 2023, 9 May 2023, 12 May 2023, 24 May 2023, 23 June 2023, 26 June 2023, 4 July 2023, 17 July 2023, 17 August 2023, 13 September 2023 and 20 September 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 31 October 2023, via its solicitors, Messrs. Shook Lin & Bok, attended the Kuala Lumpur High Court for the Decision of Empire’s Judicial Review Substantive Application. The High Court dismissed Empire’s Substantive Application with costs of RM10,000.00 to be paid to Securities Commission of Malaysia and MAA Group Berhad. The Order dated 13 June 2022 which stayed the Unconditional Mandatory Takeover Offer pending the disposal of the JR proceedings is set aside.

 

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 31 October 2023.






Announcement Info

Company Name TURIYA BERHAD
Stock Name TURIYA
Date Announced 31 Oct 2023
Category General Announcement for PLC
Reference Number GA1-31102023-00030



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