Date: 14 July 2015

MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT)


Type Announcement
Subject MATERIAL LITIGATION
Description AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT)

Court of Appeal Civil No. W-02(IM) (NCVC)-1092-07/2015 and Court of Appeal Civil No. W-02(IM) (NCVC)-1090-07/2015

Standard Confectionary Sdn Bhd ("1st Appellant") and High-5 Conglomerate Berhad (formerly known as Silver Bird Group Berhad) ("2nd Appellant") v Amanah Raya Berhad ("1st Respondent"), CIMB Islamic Trustee Berhad (as Trustee for ARREIT) ("Trustee"), Dato' Tan Han Kook ("3rd Respondent") and Dato' Ahmad Rodzi Pawanteh ("4th Respondent")

 

Unless otherwise defined herein, the definition used in this announcement shall carry the same meaning as defined in the announcement 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, 9 March 2015, 23 March 2015, 23 June 2015, 29 June 2015 and 3 July 2015.

 

AmanahRaya-REIT Managers Sdn. Bhd., the Manager of ARREIT ("Manager") wishes to announce that the case management for the Appeal in relation to the order for security for costs and the decision of the learned Judge in striking the suit and defence to the Counterclaim (as announced on 3 July 2015) has been fixed on 6 August 2015.

 

The Manager wishes to further announce that pursuant to the application to stay the execution of the Judgment dated 29 June 2015 made by the Appellants ("Stay Application"), the Stay Application has been fixed for case management on 11 August 2015 and the hearing has been fixed on 13 August 2015.

 

The Manager will make further announcements as necessary on future developments in this matter.

 

This announcement is dated 14 July 2015.





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