MATERIAL LITIGATION CJ CENTURY LOGISTICS HOLDINGS BERHAD ("THE COMPANY") - WRIT OF SUMMON AND STATEMENT OF CLAIM CJ CENTURY TECHNOLOGY SDN. BHD. ("CJCT") VS AXISJAYA SDN. BHD. & SERI MUTIARA DEVELOPMENT SDN. BHD.
| CJ CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | CJ CENTURY LOGISTICS HOLDINGS BERHAD ("THE COMPANY") - WRIT OF SUMMON AND STATEMENT OF CLAIM
CJ CENTURY TECHNOLOGY SDN. BHD. ("CJCT") VS AXISJAYA SDN. BHD. & SERI MUTIARA DEVELOPMENT SDN. BHD. |
Reference is made to the Company’s earlier announcements dated 27 August 2020, 7 October 2020 and 2 November 2020 in respect of the material litigation as described above ("Previous Announcements’’).
For ease of reference, the terms and abbreviations used in the Previous Announcements shall be adopted herein, unless stated otherwise.
The Board of Directors of the Company wishes to announce that the Court had granted CJCT’s Summary Judgement application against Axisjaya Sdn. Bhd. and/or Seri Mutiara Development Sdn. Bhd. for the outstanding sum of RM2,621,823.91 and interest of RM62,043.28 with cost of RM15,000.00.
This announcement is dated 19 November 2020.
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Announcement Info
| Company Name | CJ CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CJCEN |
| Date Announced | 19 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19112020-00072 |
