MATERIAL LITIGATION Update on Material Litigation - Rinota Construction Sdn Bhd ("Petitioner") v Mascon Rinota Sdn Bhd, Mascon Sdn Bhd, Olympia Industries Berhad, Mascon Construction Sdn Bhd and others (collectively, "Respondents")
| OLYMPIA INDUSTRIES BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Update on Material Litigation
- Rinota Construction Sdn Bhd ("Petitioner") v Mascon Rinota Sdn Bhd, Mascon Sdn Bhd, Olympia Industries Berhad, Mascon Construction Sdn Bhd and others (collectively, "Respondents") |
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Reference is made to the announcement released on 24 November 2025 pertaining to the subject matter.
We have been informed by our solicitors that today, the High Court has denied our application for stay of execution of the High Court Order dated 24 October 2025 with no order as to cost (“High Court Order”). Our solicitors are instructed to prepare for the filing of a motion for stay of execution of the said High Court Order to the Court of Appeal.
This announcement is dated 5 December 2025. |
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Announcement Info
| Company Name | OLYMPIA INDUSTRIES BERHAD |
| Stock Name | OLYMPIA |
| Date Announced | 05 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122025-00048 |