MATERIAL LITIGATION SYMPHONY LIFE BERHAD ("SYMLIFE" OR "THE COMPANY") - Civil Suit between TWY Development Sdn. Bhd., a wholly-owned subsidiary of SymLife and Top International Engineering (Malaysia) Sdn. Bhd.

SYMPHONY LIFE BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
SYMPHONY LIFE BERHAD ("SYMLIFE" OR "THE COMPANY")
- Civil Suit between TWY Development Sdn. Bhd., a wholly-owned subsidiary of SymLife and Top International Engineering (Malaysia) Sdn. Bhd.

Reference is made to the Company's earlier announcements dated 2 October 2018, 18 October 2018, 22 October 2018, 31 October 2018, 8 November 2018, 9 November 2018, 13 November 2018, 16 November 2018, 24 January 2019 and 25 January 2019 in relation to the Civil Suit between TWY Development Sdn. Bhd. ("TWY"), a wholly-owned subsidiary of Symphony Life Berhad ("SymLife" or "the Company") and Top International Engineering (Malaysia) Sdn. Bhd. ("TIE").

 

The Board of Directors of SymLife wishes to announce that based on the Procedural Order No. 1 issued by the Arbitrator on 21 February 2019, the arbitration hearing has been scheduled in the months of April, May and June 2020.  The arbitration hearing shall commence on 6 April 2020. The Company will announce any further developments on the arbitration proceedings as and when they arise. 

 

This announcement is dated 21 February 2019.






Announcement Info

Company Name SYMPHONY LIFE BERHAD
Stock Name SYMLIFE
Date Announced 21 Feb 2019
Category General Announcement for PLC
Reference Number GA1-25012019-00093