Date : 23 June 2014

MATERIAL LITIGATION Court of Appeal Civil Appeal No: W-02(NCC)(W)-449-03/2014 (“Main Appeal”) Civil Appeal No. W-02 (IM)(NCC)-1792-08/2013 (“Erinford Injunction Appeal”) Civil Appeal No. W-02 (IM)(NCC)-2605-12/2013 (“ Legal Privilege Appeal”) PKNS Holdings Sdn Bhd (“PKNS”) v. 1. Nusa Gapurna Development Sdn Bhd (“NGD”) 2. Malaysian Resources Corporation Berhad (“MRCB")

MALAYSIAN RESOURCES CORPORATION BERHAD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionCourt of Appeal Civil Appeal No: W-02(NCC)(W)-449-03/2014 (“Main Appeal”)
Civil Appeal No. W-02 (IM)(NCC)-1792-08/2013 (“Erinford Injunction Appeal”)
Civil Appeal No. W-02 (IM)(NCC)-2605-12/2013 (“ Legal Privilege Appeal”)

PKNS Holdings Sdn Bhd (“PKNS”) v.
1. Nusa Gapurna Development Sdn Bhd (“NGD”)
2. Malaysian Resources Corporation Berhad (“MRCB")

Further to the Company’s announcement on 16 April 2014, MRCB wishes to announce that PKNS had on 20 June 2014 filed three separate Notices of Discontinuance without liberty to file afresh, in respect of the Main Appeal, the Legal Privilege Appeal and the Erinford Injunction Appeal to the Court of Appeal.

In view of this, the entire dispute between the parties presently before the Court of Appeal has been settled


Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced23 Jun 2014  
CategoryGeneral Announcement
Reference NoMR-140623-61281