KIANJOO - MATERIAL LITIGATION
Company Name | KIAN JOO CAN FACTORY BERHAD |
Stock Name | KIANJOO |
Date Announced | 18 Jun 2014 |
Category | General Announcement |
Reference No | KJ-140618-50385 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | Kuala Lumpur High Court Suit No. 22NCC-152-05/2014 Dato’ See Teow Guan (Suing in a personal capacity and in a representative capacity on behalf and for the benefit of the 6th Defendant, Kian Joo Can Factory Berhad) (“Plaintiff”) -versus- 1. Yeoh Jin Hoe (“YJH”) 2. Chee Khay Leong (“CKL”) 3. Aspire Insight Sdn Bhd (“Aspire”) 4. Can-One Berhad (“Can-One”) 5. Can-One International Sdn Bhd (“Can-One International”) 6. Kian Joo Can Factory Berhad (“Kian Joo” or "the Company") 7. Box-Pak (Malaysia) Bhd (“Box-Pak”) (collectively, referred to “the Defendants”) |
We
refer to our announcement dated 20 May 2014 in respect of the above matter.
Kian
Joo wishes to announce that Kian Joo’s solicitors were on 17 June 2014 served
with an unsealed Notice of Application (“the Injunction Application”) together with a copy of the Plaintiff’s
Affidavit in Support dated 16 June 2014 by Messrs Benjamin Dawson, the
solicitors acting for the Plaintiff. The Notice of Application was also
addressed to the respective solicitors of YJH, CKL, Aspire, Can-One and
Can-One International.
Pursuant
to the Injunction Application, the Plaintiff seeks the following orders: 1. that
Kian Joo be restrained until the trial of this action from calling any
shareholders meeting in respect of the offer made by Aspire 2. that
Kian Joo be restrained until the trial of this action from taking further steps
to finalize or complete the circular to the shareholders in relation to the
Aspire Bid; 3. that
Kian Joo inform Bursa Malaysia Securities Berhad of the Order made by the High
Court herein; 4. alternatively,
that Can-One International 5. that
the costs of this application be provided for; and 6. such
other orders and reliefs as the High Court deems fit and just. The
High Court has not fixed any date for the Injunction Application as yet. This
announcement is dated 18 June 2014. |
IRETEX - Changes in Director's Interest (S135) - See Toh Kean Yaw
Company Name | IRE-TEX CORPORATION BERHAD |
Stock Name | IRETEX |
Date Announced | 18 Jun 2014 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-140618-66777 |
Information Compiled By KLSE
Particulars of Director
Name | See Toh Kean Yaw |
Address | 20, Lintang Delima 12, Island Glades, 11700 Penang. |
Descriptions(Class & nominal value) | Ordinary shares of RM0.40 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 221,000 |
Circumstances by reason of which change has occurred | Open market disposal |
Nature of interest | Indirect interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 525,000 |
Direct (%) | 0.45 |
Indirect/deemed interest (units) | 154,000 |
Indirect/deemed interest (%) | 0.13 |
Date of notice | 18/06/2014 |
Remarks : |
1. This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above disposal represents 0.19% of the total issued and paid up capital of RM47,001,400.00 divided into 117,503,500 Ordinary Shares of RM0.40 each. |
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