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

Reference is made to the Announcements dated 5 December 2022, 7 December 2022, 20 January 2023, 3 May 2023, 22 June 2023, 19 October 2023, 21 November 2023, 24 November 2023 and 8 December 2023.

Pursuant to the recording of a Consent Judgement at the High Court as announced on 24 November 2023 and withdrawal of the Judicial Review Application by Apex Securities Berhad (“ASB”) as announced on 8 December 2023, the Company wishes to inform that the Securities Commission Malaysia had, vide a letter issued to ASB dated 7 December 2023, withdrawn all additional conditions and reporting requirements imposed on ASB earlier with immediate effect.

This announcement is dated 8 December 2023.



Announcement Info

Company Name APEX EQUITY HOLDINGS BERHAD
Stock Name APEX
Date Announced 08 Dec 2023
Category General Announcement for PLC
Reference Number GA1-08122023-00042