Reference is made to the Company’s announcements dated 11 December 2019, 24 December 2019 and 27 December 2019 (“Previous Announcements”). Unless otherwise stated, the terms used herein shall have the same meanings stated in the Previous Announcements.
Originating Summons to invalidate the Statutory Notice via Originating Summons No. WA-24NCC-688-12/2019
JCSB and Skyscape had on 22 January 2020 entered into a consent judgment wherein the Originating Summons Proper is withdrawn with no order as to costs and Skyscape undertakes not to act on the Statutory Notice dated 2 December 2019 to initiate a winding up petition against JCSB.
This announcement is dated 29 January 2020.