Material Litigation

Jul 20, 2018
Type Announcement
Subject MATERIAL LITIGATION
Description

SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD (COMPANY NO. 482346-K) ("SPLASH") VS SYARIKAT BEKALAN AIR SELANGOR SDN BHD (COMPANY NO. 393257-T) ("SYABAS") KUALA LUMPUR HIGH COURT SUIT: SUIT NO. WA-22NCC-124-04/2018 (SUIT)

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.




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 20 Jul 2018
Category General Announcement for PLC
Reference Number GA1-20072018-00048