News

Material Litigation

BackJul 16, 2018
Type Announcement
Subject MATERIAL LITIGATION
Description

WRIT OF SUMMONS AND STATEMENT OF CLAIM (KUALA LUMPUR HIGH COURT SUIT NO. WA-22NCC-266-07/2018) PLAINTIFF : MOHD ARIF SHAH BIN OMAR DEFENDANT: ENRA OIL & GAS SERVICES SDN BHD

ENRA Group Berhad (“ENRA” or “the Company”) wishes to announce that ENRA Oil & Gas Services Sdn Bhd (“the Defendant”), an indirect wholly-owned subsidiary of the Company, has been named as defendant in a civil suit filed by Mohd Arif Shah bin Omar (“the Plaintiff”), in the High Court of Malaya at Kuala Lumpur (“Civil Suit”).

A copy of the sealed Writ of Summons and Statement of Claim dated 10 July 2018 was served on the Defendant’s representatives on 13 July 2018.

In the Civil Suit, the Plaintiff is claiming:

a) the sum of RM1,514,038.21 allegedly owed to him by the Defendant, arising from a Share Sale Agreement dated 5 February 2016 in relation to the sale of the Plaintiff’s equity interest in Hikmah Oil & Gas Assistance Sdn Bhd [now known as ENRA Engineering And Fabrication Sdn Bhd] to the Defendant;

b) interest on the above sum at a rate to be determined by the Court from the date of judgement until completion of payment;

c) costs; and

d) such further and/or other reliefs that the Court deems fit and proper.

The Defendant will challenge and defend the Civil Suit.

The financial impact to ENRA Group shall be limited to the amount awarded by the Court in the event the Defendant loses the case. There shall be no impact on the Group’s operations.

Further announcement on the development of the above will be made as and when necessary.

This announcement is dated 16 July 2018.






Announcement Info

Company Name ENRA GROUP BERHAD
Stock Name ENRA
Date Announced 16 Jul 2018
Category General Announcement for PLC
Reference Number GA1-16072018-00024

ENRA Group Berhad (236800-T)

D2-U3-10, Block D2, Solaris Dutamas, No.1, Jalan Dutamas 1,
50480 Kuala Lumpur, Malaysia.


Tel : (+6)03 2300 3555 | Fax  : (+6)03 2300 3550 | Email : info@enra.my

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