Date : 01 April 2011
|TALIWORKS CORPORATION BERHAD|
|Description||TALIWORKS CORPORATION BERHAD (“Taliworks” or “the Company”)|
- Initiation of Civil Suit by Puresino (Guanghan) Water Co Ltd (“Puresino Guanghan”), a subsidiary of Taliworks
Further to the announcement made by the Company on 31st March 2011 in relation to the above matter, we wish to update the Exchange that at this point of time, we are unable to quantify the expected losses from the civil suit as the expected losses will depend on the counter-claim if and when filed and the Court’s decision in relation to the same eventually.
The Company will make further announcements on material developments on this matter from time to time.
This announcement is dated 1st April 2011.
|Company Name||TALIWORKS CORPORATION BERHAD|
|Date Announced||1 Apr 2011|