CIVIL SUIT AGAINST BR PROPERTY HOLDINGS SDN BHD ("BRPH"), A WHOLLY-OWNED SUBSIDAIRY OF BANDAR RAYA DEVELOPMENTS BERHAD
BANDAR RAYA DEVELOPMENTS BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | NM-030813-39423 |
Subject | CIVIL SUIT AGAINST BR PROPERTY HOLDINGS SDN BHD ("BRPH"), A WHOLLY-OWNED SUBSIDAIRY OF BANDAR RAYA DEVELOPMENTS BERHAD |
Contents :
We refer to your letter dated 13 August 2003 in respect of the above matter and furnish herewith the following information for your attention :-
1) BRPH is defending the suit on the basis inter-alia, that there is no actionable wrong on the part of BRPH. As such, the Company is confident that it will not incur any loss arising from the summons.
Query Letter Contents :
We refer to your announcement dated 12 August 2003 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange immediately with the following
additional information for public release: -
1) Expected loss, if any, arising from the writ of summons.
2) Operational impact on the group, if any, arising from the writ of summons.
3) The amount claimed for under the writ of summons and the interest rate, if
any.
Yours faithfully
WAN RAHIEL HJ WAN RAMLI
Assistant Manager
Listing Operations
WSW/NMA
Announcement Info
Company Name | BANDAR RAYA DEVELOPMENTS BERHAD |
Stock Name | BRAYA |
Date Announced | 14 Aug 2003 |
Category | General Announcement |
Reference No | BB-030814-37133 |