PESTEC

0.080

+0.005 (+6.7%)

OTHERS PESTEC INTERNATIONAL BERHAD (FORMERLY KNOWN AS PESTECH INTERNATIONAL BERHAD) (the "Company" or "PESTEC") - NOTICE OF ARBITRATION SERVED BY SYARIKAT PEMBENAAN YEOH TIONG LAY SDN BHD ON PESTEC PURSUANT TO THE PARENT COMPANY GUARANTEE ISSUED ON BEHALF OF PESTECH TECHNOLOGY SDN BHD ("PTECH") - KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22C-84-12/2024 ("Suit 84") between PESTEC and PTECH against Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd

PESTEC INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
PESTEC INTERNATIONAL BERHAD (FORMERLY KNOWN AS PESTECH INTERNATIONAL BERHAD) (the "Company" or "PESTEC") 
- NOTICE OF ARBITRATION SERVED BY SYARIKAT PEMBENAAN YEOH TIONG LAY SDN BHD ON PESTEC PURSUANT TO THE PARENT COMPANY GUARANTEE ISSUED ON BEHALF OF PESTECH TECHNOLOGY SDN BHD ("PTECH") 
- KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22C-84-12/2024 ("Suit 84") between PESTEC and PTECH against Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd

Reference is made to the announcements made on 20 October 2023, 27 February 2025, 14 April 2025, 21 May 2025, 5 June 2025 and 26 June 2025 in relation tothe Notice of Arbitration dated 18 October 2023 served by Syarikat Pembenaan Yeoh Tiong Lay Sdn. Bhd. ("SPYTL") to the Company under the Asian InternationalArbitration Centre ("AIAC") Arbitration Rules 2023.


The Board of Directors of PESTEC wishes to inform in regard to Suit 84, the Putrajaya Court of Appeal has issued a Notice of Discontinuance dated 28 October 2025 with no liberty to file afresh and no order as to costs.


This announcement is dated 7 November 2025.






Announcement Info

Company Name PESTEC INTERNATIONAL BERHAD
Stock Name PESTEC
Date Announced 07 Nov 2025
Category General Announcement for PLC
Reference Number GA1-07112025-00088