Date: 07 March 2016

MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT)


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

Shah Alam High Court (Originating Summons No.: 24NCC-68-08/2015)

High-5 Conglomerate Berhad                                                     Applicant

 

(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, 9 March 2015, 23 March 2015, 23 June 2015, 29 June 2015, 3 July 2015, 14 July 2015, 3 August 2015, 6 August 2015, 12 August 2015, 19 August 2015, 22 October 2015, 30 November 2015, 30 December 2015 and 2 March 2016).

AmanahRaya-REIT Managers Sdn. Bhd., the Manager of ARREIT, wishes to announce that on 4 March 2016 the Shah Alam High Court Judge has struck out the application (Restraining Order under Section 176(10) of the Companies Act 1965 ("Act") and Leave to Convene Creditors' Meeting under Section 176 (1) of the Act in respect of the proposed debt restructuring scheme for the creditors of High-5 Conglomerate Berhad) filed by High-5 Conglomerate Berhad with costs of RM1,500.00 to be paid to each intervener. 

The Manager will make further announcements on future developments of this matter.

This announcement is dated 7 March 2016.





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