Material Litigation
BackFeb 28, 2022
Type Announcement
Subject MATERIAL LITIGATION
Description

ICON OFFSHORE BERHAD ("Icon" or "the Company")

- Shah Alam High Court Winding Up Petition No: BA-28NCC-119-02/2022 filed by Icon Offshore Group Sdn. Bhd., a wholly-owned subsidiary of Icon against Sapura Offshore Sdn. Bhd.

The Board of Directors of Icon wishes to announce that Icon Offshore Group Sdn. Bhd. (the "Petitioner"), a wholly-owned subsidiary of the Company, had on 21 February 2022 filed a winding up petition at Shah Alam High Court pursuant to Sections 464(1)(b), 465(1)(e) and 466(1)(a) of the Companies Act 2016 against Sapura Offshore Sdn Bhd (the "Respondent") due to the failure on the part of the Respondent to pay the total sum of RM3,620,085.47 to the Petitioner.


The matter is fixed for case management on 17 March 2022 and hearing on 24 May 2022.

Any further material development of the above matter will be announced in due course.

This announcement is dated 28 February 2022.

Announcement Info
Company Name ICON OFFSHORE BERHAD
Stock Name ICON
Date Announced 28 Feb 2022
Category General Announcement for PLC
Reference Number GA1-24022022-00012

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Disclaimer

Icon Offshore Bhd published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 16:30:05 UTC.