The parties are to then file their respective Convergence and Divergence report as well as witness statements by 2 June 2023. No changes are made to the original trial dates fixed on 19 June 2023 to 22 June 2023 and 26 June 2023 to 28 June 2023.
there is no way Salutica's counsel/lawyer will advise the company to continue with the litigation process. The only possible outcome is reach some form of settlement. Even a RM50 - RM80 million settlement would be good enough. If they continue the legal battle, then it's game over. I am surprised to see so much insider trading activities ahead of the case conclusion. Wouldn't this be illegal to trade before the High Court judgement? Malaysia has no laws and regulations is it?
@pang72 congrats. I don't like to trade on material litigation. it takes zero skill to trade this type of counter. all you need is the High Court judge's phone number and MGMT contacts
Of course Salutica will lose against Apple. Apple trillion US dollar company can hire the best legal counsel and intellectual property law firms. Salutica? Can only hire some small-town Malaysian law firm
I think Apple's legal staff is more than Salutica's factory workers. Moreover, apple sudah biasa terima this types of legal claims from tiny companies all over the worlds. Apple adalah apple. If apple not strong, they could have been gone by now. Apple is very big company in fact, they are getting bigger and bigger. I didn't hear its shareholders Warren Buffett selling apple shares. In fact, WB is buying more and more apple shares. I personally think the claim by salufica very difficult to win.
wallstreetrookieNEW
Of course Salutica will lose against Apple. Apple trillion US dollar company can hire the best legal counsel and intellectual property law firms. Salutica? Can only hire some small-town Malaysian law firm
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bulldog
12,157 posts
Posted by bulldog > 2023-05-09 10:59 | Report Abuse
Thks salute
Huat chaiii