HANWHA General Insurance Co. LTD AND BEST RE (L) Limited. Court of appeal of Malaysia today granted a Stay Order to Best Re (L) Limited against a Winding-up Order to the company by Hanwha General Insurance Co. Ltd on 11 October 2013. With the above decision, Best Re (l) Limited shall resume normal business with immediate effect.
Original Description:
Original Title
Notification on Civil Appeal No. S - 02 -2013 - Companies (Winding-Up) Betw
HANWHA General Insurance Co. LTD AND BEST RE (L) Limited. Court of appeal of Malaysia today granted a Stay Order to Best Re (L) Limited against a Winding-up Order to the company by Hanwha General Insurance Co. Ltd on 11 October 2013. With the above decision, Best Re (l) Limited shall resume normal business with immediate effect.
HANWHA General Insurance Co. LTD AND BEST RE (L) Limited. Court of appeal of Malaysia today granted a Stay Order to Best Re (L) Limited against a Winding-up Order to the company by Hanwha General Insurance Co. Ltd on 11 October 2013. With the above decision, Best Re (l) Limited shall resume normal business with immediate effect.
CIVIL APPEAL NO. S 02 -2013 - COMPANIES (WINDING-UP) BETWEEN
HANWHA GENERAL INSURANCE Co. LTD AND BEST RE (L) LIMITED
The Court of Appeal of Malaysia today has granted a Stay Order to Best Re (L) Limited against a Winding-up Order to the company by Hanwha General Insurance Co. Ltd on 11 October 2013.
With the above decision, Best Re (L) Limited shall resume normal business with immediate effect.
For further information on the above, members of the public are advised to contact the following:
Solicitors for the Petitioner (Hanwha General Insurance Co. Ltd)
Messrs Lee Hishammuddin Allen & Gledhill Advocates & Solicitors Level 16, Menara Tokio Marine Life 189, Jalan Tun Razak 50400 Kuala Lumpur (Ref: WSL/VKG/43660)
Tel: +603 21612330 Fax: +603 21613933
Solicitors for the Respondent (Best Re (L) Limited)
Messrs Skrine Advocates & Solicitors Unit No. 50-8-1, 8th Floor Wisma UOA Damansara 50 Jalan Dungun Damansara Heights 50490 Kuala Lumpur (Ref: LPF/VRS/2123868.6)
Tel: +603 20813999 Fax: +603 20943211
Labuan Financial Services Authority 22 October 2013