MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT)
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT) |
Federal Court Civil Application No. 08(i)-597-12/2015 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) ("the Trustee"), 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, 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, 2 March 2016 ,7 March 2016, 8 March 2016 and 3 May 2016).
AmanahRaya-REIT Managers Sdn. Bhd., the Manager of ARREIT, wishes to announce that the Court has dismissed the Application for Leave to the Federal Court by Standard Confectionary Sdn Bhd (Applicant) with costs RM10,000.00 to be paid by the 1st Applicant i.e. Standard Confectionery Sdn Bhd to the 1st Respondent (Amanah Raya Berhad), the 2nd Respondent (CIMB Islamic Trustee Berhad) and the 4th Respondent (Ahmad Rodzi Bin Pawanteh) respectively and the court deposit to be refunded to the 1st Applicant. The Manager will make further announcements on future developments of this matter.
This announcement is dated 30 May 2016. |