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MATERIAL LITIGATION CLAIM BY LEMBAGA KEMAJUAN JOHOR TENGGARA ("KEJORA") AGAINST KUB MALAYSIA BERHAD ("THE COMPANY"), KUB REALTY SDN BHD AND KUB AGRO HOLDINGS SDN BHD, BOTH INDIRECT WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY. DISPOSAL BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF TWO OIL PALM ESTATES IN KLUANG, JOHOR TO BERADIN PLANTATION SDN BHD ("DISPOSAL")

KUB MALAYSIA BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
CLAIM BY LEMBAGA KEMAJUAN JOHOR TENGGARA ("KEJORA") AGAINST KUB MALAYSIA BERHAD ("THE COMPANY"), KUB REALTY SDN BHD AND KUB AGRO HOLDINGS SDN BHD, BOTH INDIRECT WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY.

DISPOSAL BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF TWO OIL PALM ESTATES IN KLUANG, JOHOR TO BERADIN PLANTATION SDN BHD ("DISPOSAL")

(Unless otherwise stated, all references, abbreviations and definitions used in this announcement shall have the same meaning as those defined in the announcement dated 3 March 2023, 30 March 2023, 18 May 2023, 22 May 2023, 1 June 2023, 21 June 2023, 21 July 2023, 2 August 2023, 16 August 2023, 4 September 2023, 18 October 2023, 10 November 2023, 10 January 2024, 29 January 2024, 12 March 2024, 11 June 2024, 10 July 2024, 8 October 2024, 27 November 2024, 26 February 2025 and 6 March 2025).

Reference is made to the above matter and our announcement on 6 March 2025.

The Board of the Company wishes to announce that the Court has rescheduled the hearing date for the Striking Out Application from 16 June 2025 to 20 August 2025.

Further announcement(s) on any material development of the case will be made from time to time.

This announcement is dated 20 May 2025.



Announcement Info

Company Name KUB MALAYSIA BERHAD
Stock Name KUB
Date Announced 20 May 2025
Category General Announcement for PLC
Reference Number GA1-19052025-00079


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