MATERIAL LITIGATION In the High Court of Malaya at Kuala Lumpur in the Federal Territory of Malaysia (Special Powers Division) Application for Judicial Review No. WA-25-71-03/2021 ("JR Application") Tamaco Plantation Sdn. Bhd. (Company No. 45922-D) ("Applicant" or "Tamaco") and 1. Ketua Pengarah Unit Perancang Ekonomi Di Jabatan Perdana Menteri ("EPU") 2. TH Plantations Berhad (No. Syarikat 12696-M) ("THP" or "the Company") (both referred as "Respondents")
| TH PLANTATIONS BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | In the High Court of Malaya at Kuala Lumpur in the Federal Territory of Malaysia (Special Powers Division)
Application for Judicial Review No. WA-25-71-03/2021 ("JR Application")
Tamaco Plantation Sdn. Bhd. (Company No. 45922-D) ("Applicant" or "Tamaco") and
1. Ketua Pengarah Unit Perancang Ekonomi Di Jabatan Perdana Menteri ("EPU")
2. TH Plantations Berhad (No. Syarikat 12696-M) ("THP" or "the Company")
(both referred as "Respondents") |
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We refer to our announcements dated 1 April 2021, 13 April 2021, 29 June 2021, 3 August 2021 and 8 October 2021 in relation to the JR Application filed by Tamaco.
At the hearing on 14 December 2021, the JR Application proceedings were withdrawn by Tamaco’s solicitors without liberty to file afresh on the following agreements:- i. That the withdrawal of the JR Application proceedings will be effected with no order as to costs; and ii. That the Order of the Court dated 12 April 2021 on the stay of the EPU’s decision dated 4 December 2020 in withdrawing their letter of approval dated 24 November 2020 will consequently fall.
An order reflecting the above withdrawal will be made accordingly.
This announcement is dated 15 December 2021.
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Announcement Info
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 15 Dec 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15122021-00032 |