BURSA ANNOUNCEMENTS

Date : 15 September 2020

MATERIAL LITIGATION SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - WRIT OF SUMMONS AND STATEMENT OF CLAIM BY METROPLEX HOLDINGS SDN BHD ("METROPLEX") AGAINST OSK TRUSTEES BERHAD (NOW KNOWN AS RHB TRUSTEES BERHAD), AS TRUSTEE FOR SUNREIT ("TRUSTEE") AND SUNWAY REIT MANAGEMENT SDN BHD, AS MANAGER FOR SUNREIT ("THE MANAGER") (CIVIL SUIT NO: 22NCVC-523-09/2015), FEDERAL COURT APPLICATION FOR LEAVE NO. 08 (f)-53-02/2019(W) AND FEDERAL COURT CIVIL APPEAL NO. 02(f)-93-12/2019(W)

SUNWAY REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject MATERIAL LITIGATION
Description
SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT")
-	WRIT OF SUMMONS AND STATEMENT OF CLAIM BY METROPLEX HOLDINGS SDN BHD ("METROPLEX") AGAINST OSK TRUSTEES BERHAD (NOW KNOWN AS RHB TRUSTEES BERHAD), AS TRUSTEE FOR SUNREIT ("TRUSTEE") AND SUNWAY REIT MANAGEMENT SDN BHD, AS MANAGER FOR SUNREIT ("THE MANAGER") 
(CIVIL SUIT NO: 22NCVC-523-09/2015), FEDERAL COURT APPLICATION FOR LEAVE NO. 08 (f)-53-02/2019(W) AND FEDERAL COURT CIVIL APPEAL NO. 02(f)-93-12/2019(W)

We refer to our announcements dated 1 April 2016, 6 November 2017, 22 January 2019, 22 February 2019, 30 August 2019 and 25 November 2019 in relation to the above matter.

 

On 20 February 2019, Metroplex as the Plaintiff, filed motion for leave to appeal to the Federal Court against the Court of Appeal’s Decision (“Motion”). The Motion was allowed on 25 November 2019. Subsequently, Metroplex filed a notice of appeal to appeal against the Court of Appeal’s decision on 2 December 2019 (“Appeal”). The hearing of the Appeal which was to take place on 7 September 2020 was adjourned to 31 March 2021.

 

This announcement is dated 15 September 2020.






Announcement Info

Company Name SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name SUNREIT
Date Announced 15 Sep 2020
Category General Announcement for PLC
Reference Number GA1-15092020-00067


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