Reference is made to the earlier announcement dated 9 April 2018 made by Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) pertaining to the Suit.
The Company wish to inform that a Written Consent for Discontinuance has been filed with the High Court of Kuala Lumpur on 18 July 2018 wherein Splash and Syabas have wholly discontinued their respective claims against each other in the Suit with liberty to file afresh. The decision to withdraw is to facilitate negotiations on the disposal of Splash with the State Government of Selangor.
This announcement is dated 20 July 2018.