MATERIAL LITIGATION SUNWAY REAL ESTATE INVESTMENT TRUST - LEGAL PROCEEDINGS INSTITUTED BY ROBERT TI AND KORNELIS KURNIADI (“PLAINTIFFS”) AGAINST COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD, OSK TRUSTEES BERHAD, SUNWAY REAL ESTATE INVESTMENT TRUST, TIMBALAN PENDAFTAR MAHKAMAH TINGGI KUALA LUMPUR AND ABU BAKAR BIN ABDUL RAHMAN (ORIGINATING SUMMON NO: 24NCVC-901-2011, COURT OF APPEAL CIVIL APPEAL NO. W-02(NCVC)-2242-2011) AND FEDERAL COURT APPLICATION FOR LEAVE
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SUNWAY REAL ESTATE INVESTMENT TRUST - LEGAL PROCEEDINGS INSTITUTED BY ROBERT TI AND KORNELIS KURNIADI (“PLAINTIFFS”) AGAINST COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD, OSK TRUSTEES BERHAD, SUNWAY REAL ESTATE INVESTMENT TRUST, TIMBALAN PENDAFTAR MAHKAMAH TINGGI KUALA LUMPUR AND ABU BAKAR BIN ABDUL RAHMAN (ORIGINATING SUMMON NO: 24NCVC-901-2011, COURT OF APPEAL CIVIL APPEAL NO. W-02(NCVC)-2242-2011) AND FEDERAL COURT APPLICATION FOR LEAVE |
We refer to our announcements made on 20 April 2011, 28 April 2011, 27 July 2011 and 19 April 2012 in relation to the above matter. The Plaintiffs have served an unsealed Notice of Motion for leave to appeal to the Federal Court on the solicitors for OSK Trustees Berhad and Sunway REIT Management Sdn Bhd on 17 May 2012. The Plaintiffs are seeking leave to appeal against the decision of the Court of Appeal given on 18 April 2012 which dismissed the Plaintiffs’ appeal with costs. No hearing date has been fixed yet. This announcement is dated 18 May 2012. | |
Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 18 May 2012 |
| Category | General Announcement |
| Reference No | SR-120518-5EF6F |