Wednesday 28 Feb 2024
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KUALA LUMPUR (April 28): Packaging solutions provider Jishan Bhd said its wholly-owned subsidiary Jishan Packaging Hub Sdn Bhd (JPH) has been hit with a lawsuit for allegedly storing and selling egg trays which infringed the design features and configurations owned by two individuals, Yang Chang Kwong and Wang Chih-Shun.

The egg trays have been registered with the Intellectual Property Corp of Malaysia.

In a bourse filing on Thursday (April 28), LEAP Market-listed Jishan said JPH had on April 4 been served with a writ of summons and a statement of claim from Messrs Ng, Arlene Tan and Leong — the solicitors of Yang and Wang.

Yang and Wang are seeking a declaration that JPH is storing and selling egg trays which infringed and/or fraudulently imitate the industrial design in Malaysia without the permission of the duo.

They also want an injunction to restrain JPH from producing and selling the egg trays.

They are also seeking compensation for damages and profit made by JPH arising from the infringement, legal costs and any other reliefs that the court thinks is fair.

Jishan said JPH is not a major subsidiary of the group. To date, the total cost of investment in JPH by Jishan is RM1.05 million.

"At this juncture, no judgement has been made by the court on the writ of summons and statement of claim. Barring any unforeseen circumstances, the company does not expect any material impact on the operations, financial performance, and financial position of the group," it added.

The group has appointed Messrs Chua and Ng as the solicitors for legal advice to resolve and/or defend against this matter.

"Further announcement(s) to Bursa Malaysia on any material development on the matter will be made in due course."

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