MATERIAL LITIGATION MY E.G. Services Berhad ("MYEG" or "the Company") - Court of Appeal Civil Appeal No. B-02(NCVC)(W)-1347-07/2017 (Shah Alam High Court Suit No. 22NCVC-31-01/2015) - Writ of Summons and Statement of Claim Served on MY EG Services Berhad, Jason Chan Ling Khee and Wong Thean Soon (collectively referred to as "the Defendants") by GST Smart Solution Sdn Bhd ("the Plaintiff").

MY E.G. SERVICES BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
MY E.G. Services Berhad ("MYEG" or "the Company")
- Court of Appeal Civil Appeal No. B-02(NCVC)(W)-1347-07/2017
(Shah Alam High Court Suit No. 22NCVC-31-01/2015)
- Writ of Summons and Statement of Claim Served on MY EG Services Berhad, Jason Chan Ling Khee and Wong Thean Soon (collectively referred to as "the Defendants") by GST Smart Solution Sdn Bhd ("the Plaintiff").

The announcements made by MYEG on 25 February 2015, 14 June 2017 and 13 July 2017 refer. Unless otherwise stated all definitions and terms used in this announcement shall have the same meaning as stated in the announcements.

The Board of Directors of MYEG wishes to announce that Company had on 17 October 2018 received a copy of the Sealed Order dated 26 July 2018 on the following decisions made by the Court of Appeal:-

  1. The Plaintiff’s appeal against the decision of the High Court was withdrawn;
  2. The Plaintiff’s Patent Grant No. MY152892-A for the “Point of Sale-GST Automatic Reporting System” and/or “Point of Sale-GST Automatic Tax Reporting System is valid at all times;
  3. Both Patent Grant No. MY152892-A owned by the Plaintiff and the Patent Grant No. MY153631-A owned by the Defendants are retained; and
  4. The High Court’s decision on the cost of RM100,000.00 to be paid by the Plaintiff to the Defendants remains unchanged.

This announcement is dated 17 October 2018.



Announcement Info

Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 17 Oct 2018
Category General Announcement for PLC
Reference Number GA1-17102018-00062