| Type | Announcement |
| Subject | OTHERS |
| Description | Writ of Summons |
|
KKB Engineering Berhad (“the Company”) wishes to announce that its subsidiary, KKB Builders Sdn Bhd (“KKBBSB”), through its Advocates, Messrs Battenberg & Talma, has been served with a Writ of Summons dated 26 June 2012 by Messrs Suhaili & Bong, Advocates for Global Upline Sdn Bhd (“GUSB”), seeking, inter alia, a declaration that the Notice of Termination of Sub-Contract by KKBBSB is illegal, null and void and also claiming the sum of RM31,643,887.15. The Company is of the opinion that GUSB’s claim is frivolous and vexatious and without merit and accordingly, the Company will strongly oppose the claim through Messrs Battenberg & Talma, and will counter-claim and seek all relief arising therefrom. The Company is of the opinion that it will not have any material impact on the earnings of KKB Group for the financial year ending 2012. This announcement is dated 4 July 2012. |
|
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 4 Jul 2012 |
| Category | General Announcement |
| Reference No | CC-120704-59893 |
