MATERIAL LITIGATION - KUALA LUMPUR HIGH COURT COMPANIES WINDING-UP PETITION NO. WA-28NCC-425-04/2025 PETITIONER: MARTIN RODNEY LEONARD RESPONDENT: ASDION PROPERTY MANAGEMENT SDN BHD - KUALA LUMPUR HIGH COURT APPEAL NO. WA-11ANCvC-2-01/2024 APPELLANT: ASDION PROPERTY MANAGEMENT SDN BHD RESPONDENT: MARTIN RODNEY LEONARD - KUALA LUMPUR HIGH COURT POST WINDING-UP CASE NO. WA-28PW-605-10/2025 PETITIONER: MARTIN RODNEY LEONARD RESPONDENT: ASDION PROPERTY MANAGEMENT SDN BHD APPLICANT: ASDION BERHAD
| ASDION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | - KUALA LUMPUR HIGH COURT COMPANIES WINDING-UP PETITION NO. WA-28NCC-425-04/2025 PETITIONER: MARTIN RODNEY LEONARD RESPONDENT: ASDION PROPERTY MANAGEMENT SDN BHD - KUALA LUMPUR HIGH COURT APPEAL NO. WA-11ANCvC-2-01/2024 APPELLANT: ASDION PROPERTY MANAGEMENT SDN BHD RESPONDENT: MARTIN RODNEY LEONARD - KUALA LUMPUR HIGH COURT POST WINDING-UP CASE NO. WA-28PW-605-10/2025 PETITIONER: MARTIN RODNEY LEONARD RESPONDENT: ASDION PROPERTY MANAGEMENT SDN BHD APPLICANT: ASDION BERHAD |
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Further to the Company’s announcements dated 13 May 2025, 15 May 2025, 10 July 2025, 23 September 2025, 24 September 2025, 8 October 2025,10 October 2025, 23 October 2025 and 13 November 2025, the Board of Directors of Asdion (“Asdion” or “the Company”) wishes to announce that the High Court (hearing of Appeal) has given a further Case Management date on 7 January 2026 to update the Court as to the application for Jabatan Insolvensi Malaysia leave to proceed with the Appeal. The Company has filed an application for the leave to proceed with the Appeal (application filed in the winding-up Court).
Further announcement on the development of the above legal suit will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 15 December 2025. |
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Announcement Info
| Company Name | ASDION BERHAD |
| Stock Name | ASDION |
| Date Announced | 15 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15122025-00026 |