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MATERIAL LITIGATION MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") Court of Appeal Malaysia Civil Appeals No.: W-01(IM)-504-09/2023 (Appeal 504) and W-01(A)-580-11/2023 (Appeal 580) Appellant: 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") 
Court of Appeal Malaysia Civil Appeals No.: W-01(IM)-504-09/2023 (Appeal 504) and W-01(A)-580-11/2023 (Appeal 580) Appellant: 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, 20 September 2023, 31 October 2023, 7 November 2023, 15 November 2023, 20 December 2023, 29 January 2024 and 8 March 2024 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 on 4 April 2024 the Company had, via its solicitors, Messrs. Shook Lin & Bok, attended the hearing at the Court of Appeal record the Consent Jugdment for both Appeal 504 and Appeal 580.  The Court of Appeal Panel comprised of Yang Arif Ravinthran N. Paramaguru, Yang Arif See Mee Chun and Yang Arif Haji Azman Bin Abdullah. 

 

For Appeal 504, the Consent Judgment was entered between the parties to record withdrawal of Appeal 504 with no order as to costs.  Whereas, for Appeal 580, the Consent Judgment was entered between the parties to record withdrawal of Appeal 580 with no order as to costs against the 2nd  Respondent (MAA Group Berhad) and the Company, and costs of RM3,000.00 to be paid by Empire Holdings Ltd to Securities Commission of Malaysia (1st Respondent).

 

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 5 April 2024.






Announcement Info

Company Name TURIYA BERHAD
Stock Name TURIYA
Date Announced 05 Apr 2024
Category General Announcement for PLC
Reference Number GA1-05042024-00007



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