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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR DOLOMITE CORPORATION BERHAD ("DCB" OR "THE COMPANY") High Court of Kuala Lumpur Winding-Up Petition No. WA-28NCC-660-09/2021 filed by Maybank International Labuan Branch ("the Petitioner" or "MILB") against Dolomite Corporation Berhad (Company No. 290455-W) ("the Respondent" or "the Company")

DOLOMITE CORPORATION BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
DOLOMITE CORPORATION BERHAD ("DCB" OR "THE COMPANY")
High Court of Kuala Lumpur Winding-Up Petition No. WA-28NCC-660-09/2021 filed by Maybank International Labuan Branch ("the Petitioner" or "MILB") against Dolomite Corporation Berhad (Company No. 290455-W) ("the Respondent" or "the Company")

Further to the Company’s announcement dated 4 October 2022, the Board of Directors wishes to provide the following additional information in relation to the Winding-Up Petition:-

1.  Financial and operational impact

The application for petition to wind-up the Company and the appointment of Liquidator, if successful, the Company would be placed into liquidation and would cease operation and its financial affairs would be overseen by a liquidator to be appointed by the Court.

2.  The expected loss arising from the Winding-Up Petition

The Company is not expected to incur material losses from the Winding-Up Petition.

This announcement is dated 5 October 2022.






Announcement Info

Company Name DOLOMITE CORPORATION BERHAD
Stock Name DOLMITE
Date Announced 05 Oct 2022
Category General Announcement for PLC
Reference Number GA1-05102022-00039