BURSA ANNOUCEMENTS

Date : 25 November 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, 22 January 2019, 22 February 2019 and 30 August 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. On 25 November 2019, Federal Court heard the case and granted the Plaintiff leave to appeal. The hearing date for the appeal has yet to be fixed.

 

This announcement is dated 25 November 2019.






Announcement Info

Company Name SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name SUNREIT
Date Announced 25 Nov 2019
Category General Announcement for PLC
Reference Number GA1-22022019-00030


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