The Company wishes to inform that the Company had filed a Suit in the High Court in Kuala Lumpur against
1. TAN EW CHEW (No K/P: 570822-04-5473), 2. TAN KIAN HONG (No K/P: 851109-04-5487), 3. TAN HONG
HONG (No K/P: 920619-14-6946), 4. TAN LIAN HONG (No K/P: 870212-14-5201), 5. OOI CHIENG SIM (No
K/P: 690602-07-5503), 6. LAGENDA PERDANA SDN BHD (No Syarikat: 278059-X), 7.PROGEREX SDN BHD
(No Syarikat: 257136-V), 8. SKYLITECH RESOURCES SDN BHD (No Syarikat: 230298-T), 9. HOCK LOK SIEW
REALTY SDN BHD (No Syarikat: 159911-M), 10. A1 CAPITAL SDN BHD (No Syarikat: 744921-V) and 11. NG
WAI YUAN (No K/P: 790507-10-5258) (“Defendants”) premised on the Company’s belief or contention
that –
a) The Defendants have control around 39% of the shares of the Company;
b) The Defendants are ‘Persons Acting In Concert’ (“PAC”) who had gained ‘Control’ over the Company, as defined by the Securities Laws. Yet, the Defendants had failed to comply with Sections 137 and 138 of the Companies Act 2016;
c) Also, the Defendants had failed to undertake a Mandatory General Offer as prescribed by the Securities Laws and the Code;
d) The Defendants had conspired to injure the Company, and had blackmailed the Company for RM20,000,000-00 and to withdraw the police report against Tan Ew Chew. For avoidance of doubt, the Company had made a police report earlier which as a result, Tan Ew Chew was charged for Criminal Breach of Trust in the Criminal Court; and
e) The Notice issued by Lagenda Perdana Sdn Bhd, Tan Lian Hong and Ng Wai Yuan pursuant to section 311(3)(a) of the Companies Act 2016 dated 25.4.2019 (“Requisition”) is invalid.
Through the Suit, the Company is seeking the following relief (amongst other) –
a) A declaration that the Defendants are PAC;
b) A Declaration that the Defendants had obtained control over the Plaintiff as defined by the Securities Laws;
c) A Declaration that the Requisition is null and void; and
d) Damages. Any further material development will be announced accordingly. This announcement is dated 9 May 2019.
a) The Defendants have control around 39% of the shares of the Company;
b) The Defendants are ‘Persons Acting In Concert’ (“PAC”) who had gained ‘Control’ over the Company, as defined by the Securities Laws. Yet, the Defendants had failed to comply with Sections 137 and 138 of the Companies Act 2016;
c) Also, the Defendants had failed to undertake a Mandatory General Offer as prescribed by the Securities Laws and the Code;
d) The Defendants had conspired to injure the Company, and had blackmailed the Company for RM20,000,000-00 and to withdraw the police report against Tan Ew Chew. For avoidance of doubt, the Company had made a police report earlier which as a result, Tan Ew Chew was charged for Criminal Breach of Trust in the Criminal Court; and
e) The Notice issued by Lagenda Perdana Sdn Bhd, Tan Lian Hong and Ng Wai Yuan pursuant to section 311(3)(a) of the Companies Act 2016 dated 25.4.2019 (“Requisition”) is invalid.
Through the Suit, the Company is seeking the following relief (amongst other) –
a) A declaration that the Defendants are PAC;
b) A Declaration that the Defendants had obtained control over the Plaintiff as defined by the Securities Laws;
c) A Declaration that the Requisition is null and void; and
d) Damages. Any further material development will be announced accordingly. This announcement is dated 9 May 2019.
No comments:
Post a Comment