Top Glove injunction order set aside

FRIDAY, MARCH 16 KUALA LUMPUR- Halal Industry Development Corporation holds press conference on the World Halal Week 2018 at 0915 (0115 GMT) KUALA LUMPUR- Top Glove Corporation holds signing ceremony for the $310 million syndicated credit facilities at 1000 (0200 GMT)

PETALING JAYA: Top Glove Corp Bhd, which is taking legal action against Adventa Capital Pte Ltd (ACPL) for alleged fraud, has had its injunction order against the latter set aside for “failure to make full disclosure of material matters.”

In a filing with Bursa Malaysia yesterday, the company said the ex-parte Mareva Order it had obtained on July 2 to freeze the assets of Wong Chin Toh, Low Chin Guan and ACPL had been “discharged and removed.”