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MATERIAL LITIGATION TALAM TRANSFORM BERHAD ("TTB" or "the Company") COURT OF APPEAL CIVIL APPEAL NO. W-02(NCC)(W)-570-04/2020 (KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015) (1) APPELLANT : UNIVERSAL HEALTH CARE (R&D) SDN BHD (2) RESPONDENTS : TALAM TRANSFORM BERHAD AND 3 OTHERS

TALAM TRANSFORM BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
TALAM TRANSFORM BERHAD ("TTB" or "the Company")

COURT OF APPEAL CIVIL APPEAL NO. W-02(NCC)(W)-570-04/2020 
(KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-327-10/2015)
(1) APPELLANT : UNIVERSAL HEALTH CARE (R&D) SDN BHD 
(2) RESPONDENTS : TALAM TRANSFORM BERHAD AND 3 OTHERS

We refer to our announcement dated 14 May 2020 regarding Court of Appeal Civil Appeal No. W-02(NCC)(W)-570-04/2020 (“Appeal”) by Universal Health Care (R&D) Sdn Bhd (“Appellant”) against TTB and 3 other Respondents who were the directors of Pandan Indah Medical Management Sdn Bhd (In Liquidation), a former subsidiary of TTB.

 

The Board of Directors wishes to announce that on 27 May 2024, the Court of Appeal has unanimously dismissed the Appeal with costs of RM50,000.00 payable by the Appellant to TTB and affirmed the High Court’s decision on 6 March 2020.

 

                                                                            

This announcement is dated 27 May 2024.






Announcement Info

Company Name TALAM TRANSFORM BERHAD
Stock Name TALAMT
Date Announced 27 May 2024
Category General Announcement for PLC
Reference Number GA1-27052024-00073



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