BURSA ANNOUCEMENTS

Date : 30 August 2019

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) AND FEDERAL COURT APPLICATION FOR LEAVE NO. 08 (f)-53-02/2019(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) AND FEDERAL COURT APPLICATION FOR LEAVE NO. 08 (f)-53-02/2019(W)

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

 

Metroplex as the Plaintiff, served a sealed Notice of Motion dated 20 February 2019 for leave to appeal to the Federal Court on the solicitors for the Trustee and the Manager on 21 February 2019. The Plaintiff is seeking leave to appeal against the decision of the Court of Appeal on 22 January 2019 which dismissed the Plaintiff’s appeal with costs.

 

The hearing date was fixed for 28 August 2019 but was adjourned at the request of the Plaintiff. At case management today, the Federal Court fixed the hearing date on 25 November 2019.

 

 

This announcement is dated 30 August 2019.

 






Announcement Info

Company Name SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name SUNREIT
Date Announced 30 Aug 2019
Category General Announcement for PLC
Reference Number GA1-30082019-00112


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