MATERIAL LITIGATION Ecoscience International Berhad ("EIB" or the "Company") - Writ of Summons and Statement of Claim Served by Ecoscience Manufacturing & Engineering Sdn. Bhd. (the "Plaintiff") to RDS Marketing Malaysia Sdn. Bhd. (the "Defendant") in the High Court of Malaya at Shah Alam ("Court") Civil Suit No. BA-22NCvC-6-01/2024 ("Suit")

ECOSCIENCE INTERNATIONAL BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
Ecoscience International Berhad ("EIB" or the "Company") - Writ of Summons and Statement of Claim Served by Ecoscience Manufacturing & Engineering Sdn. Bhd. (the "Plaintiff") to RDS Marketing Malaysia Sdn. Bhd. (the "Defendant") in the High Court of Malaya at Shah Alam ("Court") Civil Suit No. BA-22NCvC-6-01/2024 ("Suit")

We refer to our announcements dated 5 January 2024, 9 January 2024, 8 February 2024 and 27 February 2024 in respect of the above Suit. Unless otherwise defined, all definitions used throughout this announcement shall have the same meaning as defined in our said earlier announcements.

The Board of the Company wishes to update that based on the case management held on 1 March 2024 in respect of the Plaintiff’s claim against the Defendant for the Writ and Summary Judgment in respect of the Suit, the Court has allowed the Plaintiff’s application for an extension of time to file the Reply and Defence to Counterclaim and Affidavit in Reply for Summary Judgment until 18 March 2024.

Further to that, the Court has scheduled the next case management via online (e-Review) on 25 March 2024 to update the Court on the status of the Reply and Defence to Counterclaim and Affidavit in Reply.

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.

This announcement is dated 1 March 2024.



Announcement Info

Company Name ECOSCIENCE INTERNATIONAL BERHAD
Stock Name EIB
Date Announced 01 Mar 2024
Category General Announcement for PLC
Reference Number GA1-01032024-00064