Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


MATERIAL LITIGATION TFP SOLUTIONS BERHAD (TFP OR THE COMPANY) - KUALA LUMPUR HIGH COURT WINDING UP PETITION NO. 28NCC-377-05/2015 (PETITION) AGAINST CLARITY OSS (MALAYSIA) SDN. BHD.

TFP SOLUTIONS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
TFP SOLUTIONS BERHAD (TFP OR THE COMPANY) - KUALA LUMPUR HIGH COURT WINDING UP PETITION NO. 28NCC-377-05/2015 (PETITION) AGAINST CLARITY OSS (MALAYSIA) SDN. BHD.

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcement.

Reference is made to the announcement made by  TFP on 15 May 2015 in relation to the filling of the Winding Up Petition by Tech3 Solutions Sdn. Bhd. (“Petitioner”), the wholly-owned subsidiary of TFP at the Kuala Lumpur High Court on 13 May 2015 (Reference No. 28NCC-377-05/2015) against Clarity OSS (Malaysia) Sdn. Bhd. (“Respondent”).

The Board of TFP wishes to announce that the Petitioner had reached an out-of-court settlement with the Respondent and had through its solicitors Messrs. H L Teh & Associates, filed a Notice of Discontinuance dated 20 July 2015 to the Kuala Lumpur High Court today to wholly discontinue the Petition againts the Respondent with no order as to costs.

This announcement is dated 22 July 2015.






Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP
Date Announced 22 Jul 2015
Category General Announcement for PLC
Reference Number GA1-21072015-00047




Close