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MATERIAL LITIGATION ISKANDAR WATERFRONT CITY BERHAD ("IWCity" or "the Company") - High Court of Johor Bahru, Johor Summons No. JA-21NCvC-13/03/2022 Kerajaan Malaysia (Plaintiff) vs Tebrau Bay Sdn Bhd (TBSB or Defendant)

ISKANDAR WATERFRONT CITY BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
ISKANDAR WATERFRONT CITY BERHAD ("IWCity" or "the Company")
- High Court of Johor Bahru, Johor Summons No. JA-21NCvC-13/03/2022
Kerajaan Malaysia (Plaintiff) vs Tebrau Bay Sdn Bhd (TBSB or Defendant)

Reference is made to the Company’s announcements dated 30 March 2022, 25 May 2022, 23 June 2022, 13 July 2022, 13 September 2022, 13 October 2022,17 October 2022,11 January 2023, 22 March 2023, 24 May 2023, 2 August 2023 and 8 January 2024.

The Company wishes to inform that following the Hearing of TBSB’s appeal against the High Court’s decision dated 13 September 2022 on 8 January 2024 where this matter is to be remitted back to High Court, the High Court has directed the parties to amend the pleadings and gave the following directions:

  1. The next Case Management is fixed on 27 June 2024; and
  2. The Trial dates is fixed from 6 July 2025 to 9 July 2025.

The Company will make further announcement(s) on the material development of the case in due course.

This announcement is dated 29 April 2024.






Announcement Info

Company Name ISKANDAR WATERFRONT CITY BERHAD
Stock Name IWCITY
Date Announced 29 Apr 2024
Category General Announcement for PLC
Reference Number GA1-29042024-00068



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