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MATERIAL LITIGATION ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") 
SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT")

Reference is made to the Company’s announcements made on 17 December 2021, 7 January 2022, 9 February 2022, 9 March 2022,15 July 2022, 9 February 2023, 5 April 2023, 14 June 2023, 15 August 2023, 12 October 2023, 4 December 2023 and 7 February 2024 in relation to the Civil Suit No. BA-23NCVC-24-04/2021 Zeti Ismrizan Binti Isa & 5 Ors vs. Spring Energy Sdn Bhd (“Suit 24”). Unless otherwise stated, the terms stated herein shall have the same meaning as defined in the earlier announcements.

The Board of Directors of Advancecon wishes to update that the Court has dismissed the Striking out application filed by the third parties with costs of RM3,000.00 to be paid by the Third parties subject to the allocator. The Court has also fixed the trial dates for this matter on 11 to 22 November 2024. 

This announcement is dated 27 March 2024.






Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 27 Mar 2024
Category General Announcement for PLC
Reference Number GA1-27032024-00048



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