MATERIAL LITIGATION Writ of Summons and Statement of Claims served to its wholly-owned subsidiary, Superview Development Sdn Bhd.
MALAYSIAN RESOURCES CORPORATION BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | Writ of Summons and Statement of Claims served to its wholly-owned subsidiary, Superview Development Sdn Bhd. |
Malaysian Resources Corporation Berhad wishes to announce that its wholly-owned subsidiary, Superview Development Sdn Bhd (“Superview”) has been served with 2 Writ of Summons and Statement of Claim dated 26 April 2011 from Messrs Affendi Zahari, the Solicitors representing 3 plaintiffs which were affected by the landslide incident at Bukit Antarabangsa on 6 December 2008. The total claim amounts to RM4.99 million. The amount of claims does not have any material effect to the financial position and will not have any operational impact on MRCB Group. Superview is disputing the claims and has instructed its solicitors to file its defence to the claims. Further information is as follows: 1. The Summons were received by Superview on 3 May 2011; |
Announcement Info
Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
Stock Name | MRCB |
Date Announced | 3 May 2011 |
Category | General Announcement |
Reference No | MR-110503-64426 |