KUALA LUMPUR (April 11 ): Cliq Energy Bhd’s management team led by managing director and chief executive officer Ahmad Ziyad Elias has filed a judicial review application, which aims to prevent the company from being liquidated.
In a statement to Bursa Malaysia, oil and gas entity Cliq said the management team via Best Oracle Sdn Bhd had filed the judicial review application at the High Court of Malaya.
“Best Oracle is a 20% shareholder of the company and the shareholders of Best Oracle are the five members of the management team of Cliq In the JR (judicial review) application, the SC (Securities Commission) was named as the first respondent and Cliq was named as the second respondent.
“The company (represented by the directors wh…
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