NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

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Type
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Announcement
Subject
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NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

Contents
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Further to the announcement made on 17 July 2009, the Board of Directors of Linear Corporation Berhad (the "Company") wishes to announce as follows :-

1. That the Solicitors for the Company and it's subsidiary (LCI Global Sdn. Bhd. ), Messrs Tunku Munawwir, Chin & Solomon have vide their Demand Notice dated 21st July, 2009 issued to the Solicitors for LFE Engineering Sdn. Bhd. demanded inter alia that LFE Engineering Sdn. Bhd. withdraw the Section 218 of the Companies Act, 1965 Notice within 24 hours of the receipt of the said Demand notice ;

2. That the Solicitors for LFE Engineering Sdn. Bhd. have within the said 24 hours and vide their letter dated 22nd July, 2009 confirmed that they had instructions from LFE Engineering Sdn. Bhd. not to commence winding-up proceedings against LCI Global Sdn. Bhd.

3. That the Company and/or its subsidiary LCI Global Sdn. Bhd. would nevertheless pursue its claim for damages against LFE Engineering Sdn. Bhd. for the loss of reputation and losses suffered by both the Company and LCI Global Sdn. Bhd. as a result of the unlawful issuance of the said Section 218 notice.

4. That LCI Global Sdn. Bhd. maintains that it is not indebted in any manner whatsoever to LFE Engineering Sdn. Bhd.

This announcement is dated 23rd July, 2009
 

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