MATERIAL LITIGATION LITIGATION AGAINST A SUBSIDIARY OF TH PLANTATIONS BERHAD (“THP”)
TH PLANTATIONS BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | LITIGATION AGAINST A SUBSIDIARY OF TH PLANTATIONS BERHAD (“THP”) |
The Board of Directors of THP (“the Board”) wishes to announce that TH PELITA Simunjan Sdn. Bhd. (Registration No. 200901022931 (866030-W)) (“Simunjan” or the “Company”), a 60% subsidiary of TH Ladang (Sabah & Sarawak) Sdn. Bhd. (“THLSS”) (which is a wholly owned subsidiary of THP) is presently involved in a litigation in respect of Native Customary Rights’ claims (the “Litigation Case”). Details of the Litigation Case are as follows:
Kuching Suit No. 22NCvC-43-11/2023 (HC 3) TR Mini Anak Ringkai & 8 Others v. Simunjan, LCDA Holdings Sdn. Bhd. & Mohd Najib bin Arbi @ Nigel Anak Abi
This is a suit initiated by nine (9) individuals suing on behalf of themselves and other owners, occupiers and/or proprietors of Native Customary Rights (“NCR”) land from Kampung Ruan Surik, Simunjan Sarawak (the “Native Groups”) against Simunjan as the 1st Defendant, LCDA Holdings Sdn. Bhd. as the 2nd Defendant and Mohd Najib bin Arbi @ Nigel Anak Abi as the 3rd Defendant for inter alia, amongst others the following claims:
Initially, on 23 November 2021, the Native Groups had alleged that Simunjan had committed an encroachment over the said NCR Land and had demanded compensation and vacation of the said NCR Land. Upon consultation with the Company’s solicitors, Simunjan was advised to disregard the claims made on the basis that:-
Simunjan had appointed Messrs. Wung & Co. (“the Solicitors”) to act on behalf of the Company. In addition, Messrs. S. H. Lim & Co. had also been appointed to assist the Solicitors in managing the Litigation Case.
Based on the facts of the Litigation Case, the Company is of the view that it has a good defence to the claims of the Native Groups.
The affected area of the NCR Land is approximately 1,321.60 hectares out of total area of Simunjan’s land of 9,629.60 hectares.
THP remains committed to defending its position and further development of the Litigation Case will be announced to Bursa Malaysia from time to time.
This announcement is dated 28 January 2025. |
Announcement Info
Company Name | TH PLANTATIONS BERHAD |
Stock Name | THPLANT |
Date Announced | 28 Jan 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-28012025-00050 |