REC on Tuesday responded to shareholders' questions about these documents, by clarifying that a summary of the relevant terms of those agreements was already disclosed in the circular, and that their material terms were disclosed in its previous announcements, including some released in 2013 and 2019.
Meanwhile, for those injunctions, the same plaintiffs had also commenced a summons for interim injunctions against the company in the High Court, pending the determination of the originating summons. REC on Wednesday night said it intends to defend Mr Oei and his firm's originating summons"vigorously".
The High Court dismissed that lawsuit against Mr Chew in February this year. And in August, the Court of Appeal also dismissed Mr Oei's appeal against the judgment.
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