TECHNAX

0.020

-0.01 (-33.3%)

MATERIAL LITIGATION TECHNA-X BERHAD ("THE COMPANY" OR "TXB") - COURT OF SESSIONS IN KUALA LUMPUR UNDER CIVIL SUIT NO: WA-B52NCC-366-02/2026 PLAINTIFF: TECHNA-X BERHAD FIRST DEFENDANT: MUHAMMAD AIMAN LOH BIN ABDULLAH ("D1") SECOND DEFENDANT: ALCO SDN BHD ("D2") (COLLECTIVELY, KNOWN AS "THE DEFENDANTS")

TECHNA-X BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
TECHNA-X BERHAD ("THE COMPANY" OR "TXB")
- COURT OF SESSIONS IN KUALA LUMPUR UNDER CIVIL SUIT NO: WA-B52NCC-366-02/2026 
  PLAINTIFF: TECHNA-X BERHAD
  FIRST DEFENDANT: MUHAMMAD AIMAN LOH BIN ABDULLAH ("D1")
  SECOND DEFENDANT: ALCO SDN BHD ("D2")
(COLLECTIVELY, KNOWN AS "THE DEFENDANTS")

Reference is made to the Company's announcements dated 13 February 2026 ("Announcement"). Unless otherwise defined in this announcement, all defined terms used herein shall have the same meaning as those defined in the Announcement.

 

The Board of Directors of the Company wishes to announce that no appearance has been entered by the second Defendant and a judgement in default has been entered against the second defendant by the Company through its solicitors, Messrs. NZ Ling & Co.

 

The Court has ordered the second Defendant to pay the Company as follows:

  1. the sum of RM500,000.00 to the Company;
  2. general damages to be assessed by the Honourable Court; and
  3. interest at the rate of 5% per annum on the sum of RM500,000.00 calculated from the date of judgement until the date of full settlement

This announcement is dated 30 March 2026.

 



Announcement Info

Company Name TECHNA-X BERHAD
Stock Name TECHNAX
Date Announced 30 Mar 2026
Category General Announcement for PLC
Reference Number GA1-30032026-00019


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