Announcements

Date : 08 August 2016

OTHERS CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR "COMPANY") - WRIT OF SUMMONS TOGETHER WITH THE STATEMENT OF CLAIM SERVED ON CENTURY TOTAL LOGISTICS SDN. BHD. ("CTL"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

CENTURY LOGISTICS HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR "COMPANY") - WRIT OF SUMMONS TOGETHER WITH THE STATEMENT OF CLAIM SERVED ON CENTURY TOTAL LOGISTICS SDN. BHD. ("CTL"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Reference is made to the announcement dated 21 June 2016.

Nestle Products Sdn. Bhd. (“Nestle”), through a Notice of Motion dated 29 July 2016 filed with a certificate of urgency, applied for an interim stay of proceedings of CTL’s claims against Nestle Asean Sdn. Bhd. and Cereal Partners Sdn. Bhd. in the Shah Alam Magistrates Court and against Nestle Manufacturing Sdn. Bhd. in the Shah Alam Sessions Court (“Interim Stay Motion”).

The Interim Stay Motion was fixed for hearing on 8 August 2016 where the Court of Appeal allowed Nestle’s Interim Stay Motion with costs in the cause.

Nestle has also appealed against the decision of the Consolidation Application to the Court of Appeal (“the Appeal”). The Appeal is fixed for Case Management on 11 August 2016.

This announcement is dated 8 August 2016.






Announcement Info

Company Name CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name CENTURY
Date Announced 08 Aug 2016
Category General Announcement for PLC
Reference Number GA1-08082016-00032


Back

top
2024 © CJ Century Logistics Holdings Berhad (424341-A) | All Rights Reserved |