MATERIAL LITIGATION SELANGOR DREDGING BERHAD ("THE COMPANY" OR "SDB"). SHAH ALAM HIGH COURT, WRIT OF SUMMONS NO. BA-22NCvC-327-07/2025 ("CIVIL SUIT") FILED BY CONDOLINK SDN. BHD. ("PLAINTIFF") AGAINST SDB PROPERTIES SDN. BHD. ("SDBP") & INTA BINA SDN BHD ("IBSB")
| SELANGOR DREDGING BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SELANGOR DREDGING BERHAD ("THE COMPANY" OR "SDB").
SHAH ALAM HIGH COURT, WRIT OF SUMMONS NO. BA-22NCvC-327-07/2025 ("CIVIL SUIT") FILED BY CONDOLINK SDN. BHD. ("PLAINTIFF") AGAINST SDB PROPERTIES SDN. BHD. ("SDBP") & INTA BINA SDN BHD ("IBSB") |
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We refer to the Company’s announcements made on 1 August 2025 and 29 August 2025 in respect of the Civil Suit instituted by the Plaintiff against IBSB and the Company’s wholly-owned subsidiary, SDBP.
On 16 January 2026, the Shah Alam High Court allowed SDBP’s Notice of Application dated 6 October 2025 to strike out the Plaintiff’s Writ of Summons & Statement of Claim dated 28 July 2025 against SDBP with cost to be paid by the Plaintiff to SDBP.
This announcement is dated 16 January 2026. |
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Announcement Info
| Company Name | SELANGOR DREDGING BERHAD |
| Stock Name | SDRED |
| Date Announced | 16 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16012026-00045 |