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MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST (ARREIT)

AMANAHRAYA REAL ESTATE INVESTMENT TRUST

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, 3 July 2015, 14 July 2015 and 3 August 2015.

AmanahRaya-REIT Managers Sdn. Bhd., the Manager of ARREIT wishes to announce that further to the case management held today, the Court of Appeal has further fixed the case management for the following appeals on 18 August 2015:

(a) The order by the High Court judge on the security for costs;

(b) The decision by the High Court judge on 23 June 2015 to strike the suit by the 1st Appellant and 2nd Appellant and decision to strike out the defence to the Counterclaim filed by the 2nd Appellant; and

(c) The decision of the High Court on 29 June 2015 in relation to the Counterclaim.

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

This announcement is dated 6 August 2015.

 






Announcement Info

Company Name AMANAHRAYA REAL ESTATE INVESTMENT TRUST
Stock Name ARREIT
Date Announced 06 Aug 2015
Category General Announcement for PLC
Reference Number GA1-06082015-00063




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