MATERIAL LITIGATION Kuala Lumpur High Court Writ of Summons dated 29 March 2021 No. WA-22NCC-144-03-2021 Tamaco Plantation Sdn. Bhd. ("Tamaco") (referred to as "Plaintiff") vs TH Plantations Berhad ("THP" or "the Company") (referred to as "Defendant") ("Civil Suit")
| TH PLANTATIONS BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Kuala Lumpur High Court Writ of Summons dated 29 March 2021 No. WA-22NCC-144-03-2021
Tamaco Plantation Sdn. Bhd. ("Tamaco") (referred to as "Plaintiff") vs TH Plantations Berhad ("THP" or "the Company") (referred to as "Defendant") ("Civil Suit") |
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We refer to our announcements dated 30 March 2021, 31 March 2021, 13 April 2021, 20 May 2021, 8 June 2021, 25 June 2021, 26 July 2021, 27 August 2021 and 17 November 2021 in relation to the Civil Suit initiated by Tamaco against THP.
At the case management on 10 December 2021, the Civil Suit was withdrawn without liberty to file afresh on the following agreements:-
i. That the withdrawal of the Civil Suit will be effected with no order as to costs;
ii. That the parties have no further claims against each other in relation to or arising from or in connection with the SPA dated 5 December 2019; and
iii. That the interlocutory injunction dated 3 June 2021 will consequently fall.
THP’s solicitors will proceed to file the order reflecting the above.
This announcement is dated 10 December 2021. |
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Announcement Info
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 10 Dec 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10122021-00064 |
