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Hong hin Lau

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Joined Dec 2021

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又有新通告
MATERIAL LITIGATION CAHYA MATA SARAWAK BERHAD (“CAHYA MATA” OR THE
“COMPANY”)
LEGAL ACTION PURSUANT TO FINDING AND REVIEW OF THE DIGITAL
TRANSFORMATION PROJECT IN THE COMPANY AND ITS SUBSIDIARIES
INTRODUCTION
Pursuant to paragraph 9.04(g) of the Main Market Listing Requirements of Bursa Malaysia
Securities Berhad (“Bursa Securities”), Cahya Mata wishes to announce that the Company
together with its wholly owned subsidiary company, Cahya Mata Intelligent Technologies
(“CMIT”) had on 20 March 2025 commenced legal action as joint Plaintiffs against the following
1st to 6th Defendants in the High Court of Sabah and Sarawak at Kuching.
1. Dato’ Sri Mahmud Abu Bekir Taib (“DSM”), Deputy Group Chairman
2. Karl Vink @ Khalid Abdullah (“KV”), Former Chief Information Officer and Former
Executive Director of CMIT
3. Atul Dua (“AD”)
4. Izzul Bin Abdul Kamar (“Izzul”), Former Senior General Manager of CMIT
5. Vienna Advantage GmbH (“VAG”)
6. Vienna Advantage Asia Sdn. Bhd. (“VAA”)
BACKGROUND AND BRIEF DETAILS OF THE CLAIM
This legal action is based on, among others, breach of trust, breaches of fiduciary, statutory, and
common law duties and conspiracy to injure by the Defendants towards Cahya Mata and CMIT
for the failed implementation of an enterprise resource planning (“ERP”) system in the
Company during the digital transformation project.
Cahya Mata and CMIT also contend that the Defendants were expected to protect the interest of
the Company and to not place themselves in a position of conflict.
PARTICULARS OF CLAIMS
Subject to further modifications and additions in the course of legal proceedings, The Company
and CMIT claims against the Defendants as follows:
• A declaration that the 1st Defendant had committed breach of trust and had breached his
fiduciary and/or statutory and/or common law duties owed to the Plaintiffs;
• A declaration that the 2nd Defendant had committed breach of trust and had breached his
fiduciary and/or statutory and/or common law duties owed to the Plaintiffs;
• A declaration that 4th Defendant had committed breach of trust and had breached his
fiduciary duties owed to the Plaintiffs;
1
• A declaration that 1st to 6th Defendants (or two or more of the Defendants) had combined
and/or conspired amongst each other with an intent to injure the Plaintiffs;
• General damages against 1st to 6th Defendants and each of them jointly and severally, to be
assessed by this Honourable Court;
• Exemplary damages against 1st to 6th Defendants and each of them jointly and severally,
to be assessed by this Honourable Court;
• An order that 1st to 6th Defendants and each of them jointly and severally pay the Plaintiffs
costs of the action herein and all incidental cost on a solicitor-client and/or indemnity basis
or such other basis as this Honourable Court deems fit;
• Interest at such rate for a period as this Honourable Court deems fit in respect of any sums
awarded by the Plaintiffs;
• Such and/or any other relief as this Honourable Court deems fit and proper.
No hearing date has been fixed yet by the Court.
FINANCIAL AND OPERATIONAL IMPACT ON CAHYA MATA
The legal action is not expected to have any material effect on the earnings per share and net
asset per share of Cahya Mata for the financial year ending 31 December 2025.
The legal action is also not expected to have material operation impact on Cahya Mata.
Any further material developments on the legal action will be announced to Bursa Securities
accordingly.
This announcement is dated 20 March 2025.
9 hours · translate
股价已经跌下来了,现在还要搞什么呢?
6 days · translate
除非另有定义,本公告中使用的所有缩写和定义应与公司于 2025 年 3 月 5 日发布的有关 RCULS 拟议配股的公告中定义的含义相同。)

马来亚银行投资银行代表董事会宣布,董事会已决定不继续进行 RCULS 的拟议配股,因为考虑到根据上市要求第 6.50 段(“第 6.50 段”)可从行使可转换证券中发行的新 KPPROP 股份的最高限额。

董事会可能会考虑其他形式的筹资提案(可能仍包括以符合第 6.50 段的方式发行可赎回的可转换贷款股票),如果需要,将根据上市要求作出必要的公告。

本公告的发布日期为 2025 年 3 月 14 日。
6 days · translate
他也是公司的大股东,弄到公司股价大跌,对他有什么好处?
1 week · translate
RIGHTS ISSUE
2 weeks · translate
爬楼梯上去 从窗口跳下来
5 months · translate
你的消息是从哪里来的?
9 months · translate
磷酸盐部门因与电力供应商发生法律纠纷导致电力供应中断,导致收入为零。该公司报告称,2023年的税前亏损为1.567亿令吉,高于2022年的亏损6131万令吉

要这样亏下去,怎样不和解吗?
10 months · translate
汶莱交通基建公司拟议
建1620公里
跨婆罗洲
高铁项目
11 months · translate
waiting 0.55
1 year · translate
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