Bursa Announcements
Date: 22 February 2018

MATERIAL LITIGATION IN THE SHAH ALAM HIGH COURT - LEGAL PROCEEDINGS INSTITUTED BY SWAN PROPERTY SDN BHD & 14 OTHERS VS. THE SUMMIT SUBANG USJ MANAGEMENT CORPORATION AND MAYBANK TRUSTEES BERHAD (AS TRUSTEE FOR AmFIRST REAL ESTATE INVESTMENT TRUST (WRIT OF SUMMONS NO: BA-22NCvC-718-12/2017)


Type Announcement
Subject MATERIAL LITIGATION
Description IN THE SHAH ALAM HIGH COURT - LEGAL PROCEEDINGS INSTITUTED BY SWAN PROPERTY SDN BHD & 14 OTHERS VS. THE SUMMIT SUBANG USJ MANAGEMENT CORPORATION AND MAYBANK TRUSTEES BERHAD (AS TRUSTEE FOR AmFIRST REAL ESTATE INVESTMENT TRUST (WRIT OF SUMMONS NO: BA-22NCvC-718-12/2017)

Further to the announcement made on 11 January 2018, we wish to update that the Plaintiffs had withdrew the suit against both Defendants with liberty to file afresh and the Court has awarded the costs of RM3,000.00 to each of the Defendants. Given the foregoing, the proceedings of the abovementioned suit has been determined.





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