MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST ("ARREIT") Kuala Lumpur High Court Civil Suit No: 22NCVC-476-10/2014 Standard Confectionary Sdn Bhd ("1st Plaintiff") and High-5 Conglomerate Berhad (formerly known as Silver Bird Group Berhad) ("2nd Plaintiff") v Amanah Raya Berhad ("1st Defendant"), CIMB Islamic Trustee Berhad (as Trustee for ARREIT), Dato' Tan Han Kook ("3rd Defendant") and Dato' Ahmad Rodzi Pawanteh ("4th Defendant")
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | AMANAHRAYA REAL ESTATE INVESTMENT TRUST ("ARREIT") Kuala Lumpur High Court Civil Suit No: 22NCVC-476-10/2014 Standard Confectionary Sdn Bhd ("1st Plaintiff") and High-5 Conglomerate Berhad (formerly known as Silver Bird Group Berhad) ("2nd Plaintiff") v Amanah Raya Berhad ("1st Defendant"), CIMB Islamic Trustee Berhad (as Trustee for ARREIT), Dato' Tan Han Kook ("3rd Defendant") and Dato' Ahmad Rodzi Pawanteh ("4th Defendant") |
Unless otherwise defined herein, the definition used in this announcement shall carry the same meaning as defined in the announcements dated 23 October 2014, 31 October 2014, 28 November 2014, 7 January 2015, 8 January 2015, 16 January 2015 , 29 January 2015, 2 March 2015 and 9 March 2015.
AmanahRaya-REIT Managers Sdn. Bhd, the Manager of ARREIT, wishes to announce that pursuant to the Hearing on 23 March 2015 for the Striking Out Application and the Summary Judgment Application, The Court has dismissed the Striking Out Application with costs of RM2, 500.00 to be paid to the Plaintiffs jointly; and dismissed the Summary Judgment Application with costs of RM2, 000.00 to be paid to the Plaintiffs jointly.
The Manager will make further announcements as necessary on future developments in this matter.
This announcement is dated 23 March 2015.
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