MATERIAL LITIGATION EVERGREEN FIBREBOARD BERHAD (EFB OR THE COMPANY) MATERIAL LITIGATION - A Writ of Summons and Statement of Claim filed by PT. HUTRINDO JAYA FIBREBOARD MANUFACTURING, Indonesian Leg

MATERIAL LITIGATION EVERGREEN FIBREBOARD BERHAD (EFB OR THE COMPANY) MATERIAL LITIGATION - A Writ of Summons and Statement of Claim filed by PT. HUTRINDO JAYA FIBREBOARD MANUFACTURING, Indonesian Legal Entity, based on Deed of Amendment No. 127 (referred to as Plaintiff I) and PT. UFORIN PRANJEN ADHESIV INDUSTRY, Indonesian Legal Entity based on Deed of Amendment No.128 (referred as Plaintiff II) against the Subsidiary, PT Hijau Lestari Raya Fibreboard and the Company.

EVERGREEN FIBREBOARD BERHAD
 
Type Announcement
Subject MATERIAL LITIGATION
Description
EVERGREEN FIBREBOARD BERHAD (EFB OR THE COMPANY) 
MATERIAL LITIGATION - A Writ of Summons and Statement of Claim filed by PT. HUTRINDO JAYA FIBREBOARD MANUFACTURING, Indonesian Legal Entity, based on Deed of Amendment No. 127 (referred to as Plaintiff I) and PT. UFORIN PRANJEN ADHESIV INDUSTRY, Indonesian Legal Entity based on Deed of Amendment No.128 (referred as Plaintiff II) against the Subsidiary, PT Hijau Lestari Raya Fibreboard and the Company.

Reference to the Company’s announcement first made on 07 May 2019 in respect of its Indonesian Subsidiary, PT Hijau Lestari Raya Fibreboard (“PT Hijau” or “The Subsidiary”) had on 16 April 2019 been served with a Writ of Summons and Statement of Claim.

 

The Company wishes to announce that the Writ of Summons and Statement of Claim on PT HijauLestari Raya Fibreboard & Evergreen Fibreboard Berhad, has been struck off from Palembang District Court registry as the case have been settled amicably at no cost imposed by the Court to all parties of which the Palembang Special District Court in Palembang, Indonesia have also acknowledged.

 

This Announcement is dated 10 November 2020.



 
12-Nov-2020