Bursa Announcements
News
Material Litigation
Dec 05, 2018
Type
Announcement
Subject
MATERIAL LITIGATION
Description
TENAGA NASIONAL BERHAD (COMPANY NO. 200866-W) ("TNB") VS GAMUDA WATER SDN BHD (COMPANY NO. 297031-H) ("GAMUDA WATER") SHAH ALAM HIGH COURT SUIT NO. BA-22NCVC-100-03/2018 ("TNB SUIT")
References are made to the announcements made by Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) on 9 March 2018, 5 June 2018, 13 June 2018 and 23 October 2018 respectively, pertaining to the TNB Suit.
The Company wishes to inform that the solicitors representing its 80% owned subsidiary, Gamuda Water has informed that at the hearing held on 4 December 2018 [which was heard together with the suit between TNB vs Sungai Harmoni Sdn Bhd (Company No. 254154-U) (“Sungai Harmoni Suit”)], the Shah Alam High Court has adjourned the hearing to 8 January 2019 pending settlement negotiations between the parties.
Gamuda will make the appropriate announcements to Bursa Malaysia Securities Berhad as and when there are material developments in relation thereof and/or upon receipt of the court’s decision. Any updates on the TNB Suit including hearing dates will be disclosed in the quarterly results of the Company.
This announcement is dated 5 December 2018.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
05 Dec 2018
Category
General Announcement for PLC
Reference Number
GA1-05122018-00026
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description |
TENAGA NASIONAL BERHAD (COMPANY NO. 200866-W) ("TNB") VS GAMUDA WATER SDN BHD (COMPANY NO. 297031-H) ("GAMUDA WATER") SHAH ALAM HIGH COURT SUIT NO. BA-22NCVC-100-03/2018 ("TNB SUIT") |
|
References are made to the announcements made by Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) on 9 March 2018, 5 June 2018, 13 June 2018 and 23 October 2018 respectively, pertaining to the TNB Suit. |
|
The Company wishes to inform that the solicitors representing its 80% owned subsidiary, Gamuda Water has informed that at the hearing held on 4 December 2018 [which was heard together with the suit between TNB vs Sungai Harmoni Sdn Bhd (Company No. 254154-U) (“Sungai Harmoni Suit”)], the Shah Alam High Court has adjourned the hearing to 8 January 2019 pending settlement negotiations between the parties.
Gamuda will make the appropriate announcements to Bursa Malaysia Securities Berhad as and when there are material developments in relation thereof and/or upon receipt of the court’s decision. Any updates on the TNB Suit including hearing dates will be disclosed in the quarterly results of the Company.
This announcement is dated 5 December 2018.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 05 Dec 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122018-00026 |