WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR PESTEC INTERNATIONAL BERHAD (FORMERLY KNOWN AS PESTECH INTERNATIONAL BERHAD") ("PESTEC" or "the COMPANY") - WINDING-UP PETITION IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR, PETITION NO. WA-28NCC-1326-12/2025 BY PESTECH ENGINEERING TECHNOLOGY (CHINA) CO. LTD. SERVED ON PESTECH SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY.
| PESTEC INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | PESTEC INTERNATIONAL BERHAD (FORMERLY KNOWN AS PESTECH INTERNATIONAL BERHAD") ("PESTEC" or "the COMPANY") - WINDING-UP PETITION IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR, PETITION NO. WA-28NCC-1326-12/2025 BY PESTECH ENGINEERING TECHNOLOGY (CHINA) CO. LTD. SERVED ON PESTECH SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY. |
|
The Board of Directors of the Company wishes to announce that on 22 December 2025 Pestech Sdn. Bhd. (“PSB”), a wholly-owned subsidiary of the Company, was served with a winding-up petition dated on even date (“Petition”) by Messrs. Ravindran Advocates & Solicitors, acting for Pestech Engineering Technology (China) Co. Ltd (“Petitioner”). The Petitioner is not related to PESTEC despite the similarity of name.
The Petition was filed for an alleged sum of USD 2,394,052.01.
The Company does not expect any material impact on the financial and operation of the Company arising thereon.
The Company has sought legal advice and is taking the necessary steps in relation to the Petition. The first case management has been fixed on 6 April 2026.
Any material development in respect of the above matter will be announced in due course.
This announcement is dated 14 January 2026. |
|
Announcement Info
| Company Name | PESTEC INTERNATIONAL BERHAD |
| Stock Name | PESTEC |
| Date Announced | 14 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14012026-00052 |