MATERIAL LITIGATION MESB BERHAD (“MESB” OR “the Company”) – Writ of Summons and Statement of Claim by the Kuala Lumpur High Court Suit No. WA-22NCVC-579-08/2019, filed by Zelleco Engineering Sdn. Bhd.
We refer to the Company’s announcements made on 26 August 2019, 4 Septemer 2019, 18 October 2019, 6 November 2019, 12 February 2020, 25 March 2020, 18 May 2020 and 2 Deccember 2020.
The Board of the Company wishes to announce that the Company’s application to strike out a claim filed by Zelleco Engineering Sdn Bhd vide Suit No.: WA-22NCvC-578-09/2019 (“Enclosure 16”) was dismissed by the Court on 16 December 2020. The Board is currently seeking legal opinion as to whether the Company should appeal against the said dismissal of Enclosure 16. At this juncture, the Board is of the opinion that the Plaintiff’s claim has no merits and it has good grounds to appeal against the rulings. The case is now fixed for case management on 11 January 2021.
Any further material development of the above matter will be announced in due course.
This announcement is dated 16th day of December 2020.