Home | News
News
Material Litigation
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR " THE COMPANY") - Writ of Summons under Suit No BA-22NCC-17-02/2025 ("the Summon") filed by SCIB and SCIB Properties Sdn. Bhd., a wholly-owned subsidiary of SCIB, collectively referred to as ("the Plaintiffs") against Awana JV Suria Saga Sdn. Bhd. and MBSB Bank Berhad |
We refer to the Company’s earlier announcements dated 15 March 2021, 22 September 2021, 6 July 2023, 7 July 2023, 15 April 2024, 25 July 2024, 30 July 2024, 1 August 2024, 13 January 2025, 16 January 2025, 24 January 2025, 27 January 2025, 10 February 2025, 26 February 2025, 10 March 2025, 10 April 2025, 22 April 2025 and 23 April 2025 (collectively referred to as the “Announcements”). All abbreviations used in this announcement shall carry the same meaning as that given in the Announcements unless stated otherwise. The Board of Directors of SCIB would like to inform that the Court has given directions for parties to comply for purposes of the trial during the Case Management held on 16 May 2025, and the Court has fixed the next Case Management date for the Suit on 17 July 2025 for parties to update the Court accordingly. SCIB will make the necessary announcements as and when there are further material updates. This announcement is dated 20 May 2025. |
Announcement Info
Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
Stock Name | SCIB |
Date Announced | 20 May 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-20052025-00030 |