MPCORP - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | MALAYSIA PACIFIC CORPORATION BERHAD |
| Stock Name | MPCORP |
| Date Announced | 31 Mar 2014 |
| Category | General Announcement |
| Reference No | CC-140331-57367 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Kuala Lumpur High Court Civil Suit No. S-22-347-2010 - Wong Seng Huat & Safe Deposit Box Sdn Bhd (hereinafter referred to as the “Respondent”) vs Malaysia Pacific Corporation Berhad (“MPCORP” or the “Company”) & MPC Properties Sdn Bhd (“MPC”), a wholly-owned subsidiary of MPCORP (hereinafter referred to as the “Petitioners”) |
We refer to the announcements dated 5 December 2013, 12 December 2013, 24 December 2013, 20 January 2014, 12 March 2014 and 24 March 2014 on the above matter. The terms herein shall bear the same meaning as defined in the said announcements. The Board of Directors of MPCORP wishes to announce that the Petitioners had on 6 March 2014 served a Bankruptcy Petition to Wong Seng Huat. The High Court, Kuala Lumpur has fixed the hearing of Bankruptcy Petition on 6 May 2014. Further announcement will be made of any material development and changes as and when appropriate. This announcement is dated 31 March 2014. | |
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