QUOTE(wil-i-am @ Nov 27 2014, 08:47 PM)
They need the money now that their subsidiary in Algeria won't return USD26.9mil http://www.bursamalaysia.com/market/listed...cements/1798569
Malakoff Corporation Bhd, Malakof 5264
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Nov 27 2014, 09:03 PM
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QUOTE(wil-i-am @ Nov 27 2014, 08:47 PM) They need the money now that their subsidiary in Algeria won't return USD26.9mil http://www.bursamalaysia.com/market/listed...cements/1798569 |
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Nov 28 2014, 11:26 PM
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QUOTE(nexona88 @ Nov 28 2014, 08:49 PM) How would I know.. that's what the announcement says QUOTE(http://www.bursamalaysia.com/market/listed-companies/company-announcements/1764033) The Board of Directors of Kamdar Group (M) Berhad (“KGMB” or “the Company”) wishes to announce that the High Court of Kuala Lumpur on 3 October 2014 had issued a Writ of Summons together with Statement of Claims to Bipinchandra A/L Balvantrai, Jayesh R. Kamdar Rajnikant and Yap Kim Hong and on 9 October 2014 Kamdar Sdn Bhd (“KSB” or “the Plaintiff”), a wholly owned subsidiary of KGMB, had served the same to the 3 Defendants via Messrs Amrit & Company, the solicitors of KSB to initiate proceedings to recover the alleged withdrawal of funds totalling RM8.7 million and to claim general, aggravated and exemplary damages, compound interest and such further and other relief as the court deems fit. This post has been edited by wodenus: Nov 28 2014, 11:31 PM |
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May 18 2015, 08:27 PM
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May 19 2015, 05:09 PM
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May 19 2015, 05:15 PM
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