MATERIAL LITIGATION KUALA LUMPUR HIGH COURT APPLICATION NO. WA-25-540-10/2022 FILED BY ITS WHOLLY-OWNED SUBSIDIARY, APEX SECURITIES BERHAD (APPLICANT), AGAINST THE ADDITIONAL CONDITIONS (DECISION) IMPOSED BY THE SECURITIES COMMISSION MALAYSIA (RESPONDENT) PURSUANT TO SECTION 62 OF THE CAPITAL MARKETS AND SERVICES ACT 2007

APEX EQUITY HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
KUALA LUMPUR HIGH COURT  APPLICATION NO. WA-25-540-10/2022 FILED BY ITS WHOLLY-OWNED SUBSIDIARY, APEX SECURITIES BERHAD (APPLICANT), AGAINST THE ADDITIONAL CONDITIONS (DECISION) IMPOSED BY THE SECURITIES COMMISSION MALAYSIA (RESPONDENT) PURSUANT TO SECTION 62 OF THE CAPITAL MARKETS AND SERVICES ACT 2007

The Board of Directors of APEX wishes to inform that its wholly-owned subsidiary, Apex Securities Berhad (“the Applicant”) had on 19 October 2022 filed an application for leave to institute a judicial review (“Application”) against the Decision made by the Respondent. The said leave application came up for hearing today before the Kuala Lumpur High Court and has been adjourned for continued hearing on 19 January 2023.

Please refer to the attachment for further details.


This announcement is dated 5 December 2022.



Announcement Info

Company Name APEX EQUITY HOLDINGS BERHAD
Stock Name APEX
Date Announced 05 Dec 2022
Category General Announcement for PLC
Reference Number GA1-05122022-00041


Please refer attachment below.

  1. Bursa Announcement on ASB JR against SC.pdf