MATERIAL LITIGATION PESTECH INTERNATIONAL BERHAD ("PESTECH" or "the COMPANY") -
UPDATES ON MATERIAL LITIGATION - KUALA LUMPUR HIGH COURT SUIT WA-22C-44-06/2023
PESTECH INTERNATIONAL BERHAD
Further to our announcement dated 3 August 2023 in relation to the Erinford Injunction Order Application (“Erinford Injunction Application”) filed by PESTECH Sdn. Bhd. (“PSB”) on 31 July 2023 against Syarikat Pembenaan Yeoh Tiong Lay Sdn. Bhd. (“SPYTL”), the Company wishes to announce that on 6 September 2023, the High Court had dismissed PSB’s Erinford Injunction Application with costs in the cause.
The Company will continue to pursue the appeal which was lodged at the Court of Appeal on 26 July 2023 against the High Court’s decision to dismiss PSB’s application for interim injunctions against SPYTL and will take all other legal remedies available to protect its interest.
This announcement is dated 7 September 2023.
