UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2014

 

Commission File Number: 001-35022

 

Mission NewEnergy Limited

(Translation of registrant’s name into English)

 

Unit B9, 431 Roberts Rd

Subiaco, Western Australia 6008

Australia

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F     √      Form 40-F          

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):          

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):          

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes            No     √     

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Mission NewEnergy Limited
 
 
By: /s/ Guy Burnett
Name: Guy Burnett
Title: Chief Financial Officer and Company Secretary
 
Date:  September 8, 2014

 

 

 
 

 

EXHIBIT INDEX

 

Exhibit Number Description
   
99.1 Mission wins material legal suit

 

 

 



 

Exhibit 99.1

 

 Mission NewEnergy Logo with tagline

 

 

Tempo Offices, Unit B9,

431 Roberts Rd, Subiaco,

Western Australia, 6008

 

Tel: + 618 6313 3975

Fax: + 618 6270 6339

Email: invest@missionnewenergy.com

 

 

8 September 2014

ASX ANNOUNCEMENT

 

 

Mission Wins Material Legal Suit

- KNM Process Systems Found Liable -

 

 

Mission NewEnergy Limited (ASX:MBT) is pleased to announce that the High Court in Malaysia has ruled that its subsidiary Mission Biofuels Sdn Bhd (MBSB) is not liable to pay several unpaid Invoices amounting to approximately US$800,000 to Axens, the technology supplier of MBSB’s 250,000 tpa biodiesel plant. Instead the court ruled that KNM Process Systems Sdn Bhd, the contractor, is the party that is liable to make the material payment to Axens.

 

KNM failed to pay Axens who then sought to recover the payment from KNM and/or Mission. During the trial KNM claimed that it should be MBSB’s responsibility to pay Axens and not KNM’s.

 

The Court further allowed MBSB’s counter claim against KNM for several invoices amounting to approximately USD370,000 that MBSB had paid on behalf of KNM to Axens.

 

Nathan Mahalingam, Group CEO of Mission said “We are extremely pleased with the outcome of this case because it again demonstrates KNM’s obligations under the EPCC contract to build the 250,000 tpa refinery, which is the subject of an existing arbitration process in Malaysia.”

 

-Announcement Ends -

 

For more information and a copy of this announcement, please visit: www.missionnewenergy.com or contact:

 

Company Contact:

James Garton

Phone: +61 8 6313 3975

Email: james@missionnewenergy.com