MATERIAL LITIGATION BRAHIM’S HOLDINGS BERHAD (“BHB or the Company”) – Material litigation between Hock Seng Lee Berhad (“Plaintiff”) and Admuda Sdn. Bhd. (“Admuda”), a 60% owned subsidiary of BHB
|BRAHIM’S HOLDINGS BERHAD|
BRAHIM'S HOLDINGS BERHAD ("BHB or the Company") - Material litigation between Hock Seng Lee Berhad ("Plaintiff") and Admuda Sdn. Bhd. ("Admuda"), a 60% owned subsidiary of BHB
Further to the Company’s announcement dated 15 June 2016, the Board of Directors of BHB wishes to inform that High Court of Sabah and Sarawak at Kuching had delivered its judgement in favour of the Plaintiff with cost of RM6,000.00 on 17 February 2017.
Admuda will submit an appeal to the Court of Appeal against the judgement of High Court of Sabah and Sarawak.
The Company will make the necessary announcement on further development of this matter in due course.
This announcement is dated 23 February 2017.