Friday, September 3, 2010

EON Cap: Judge to deliver decision on certain applications on Monday

KUALA LUMPUR: EON CAPITAL BHD [] said the High Court judge has fixed Monday, Sept 6, for the delivery of his decision on certain interlocutory applications filed by the parties to a petition.

'The learned judge has also fixed Sept 6, 2010 for the hearing of other interlocutory applications filed by the said parties and the continued hearing of the summons for directions,' EON Cap said on Friday, Sept 3.

Primus (Malaysia) Sdn Bhd had filed a law suit against the board members and certain shareholders of EON Capital Bhd (EONCap).

The suit was to seek various court declarations and orders as well as some RM1.12 billion in damages from EONCap directors should HONG LEONG BANK BHD [] (HLBB) succeed in acquiring EONCap's assets and liabilities.

A total of 13 respondents were named in Primus' petition, including EONCap. Ng Wing Fai, who is a Primus representative on EONCap's board, is the only director not named in the suit.


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