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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)-1090-07/2015,  Court of Appeal Civil No. W-02(IM) (NCVC)-1092-07/2015 and Court of Appeal Civil No. W-02(IM)(NCVC)-1142-07/2015

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, 3 August 2015, 6 August 2015, 12 August 2015, 19 August 2015 and 22 October 2015.

AmanahRaya-REIT Managers Sdn. Bhd., the Manager of ARREIT wishes to announce that the Court of Appeal has dismissed all of High-5’s Appeals i.e. W-02(IM)(NCVC)-1090-07/2015, W-02(IM)(NCVC)-1092-07/2015 and W-02(IM)(NCVC)-1142-07/2015 with costs of RM7,500.00 to be paid to CIMB Islamic Trustee Berhad (as Trustee for ARREIT)(“Trustee”) in respect of each of the three (3) Appeals in relation to the Kuala Lumpur High Court Civil Suit No. 22NCVC-476-10/2014.

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

This announcement is dated 30 November 2015.






Announcement Info

Company Name AMANAHRAYA REAL ESTATE INVESTMENT TRUST
Stock Name ARREIT
Date Announced 30 Nov 2015
Category General Announcement for PLC
Reference Number GA1-30112015-00056




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