Further to our latest announcement on 14 December 2018 with regard to the Writ of Summons No. WA-22NCC-82/2018 (the “Civil Suit”), and Statement of Claim filed on 28 February 2018 served on Maybank Trustees Berhad, as Trustee for AmFIRST Real Estate Investment Trust (“AmFIRST REIT Trustee”) we wish to announce that there has been further developments to AmFIRST REIT Trustees’ application to the Court to strike out the Plaintiffs’ claims (the “Application”).

After the decision of the High Court on 12 December 2018, an appointment was fixed before the High Court on 18 January 2019 to clarify the terms of the order in respect of the Application. Upon clarification, the orders in respect of the Application are as follows:-

(a) The Plaintiffs’ claims (except the 5th Plaintiff) against AmFIRST REIT Trustees are stayed pending the disposal of related claims currently pending in the Strata Management Tribunal between the Plaintiffs and The Summit Subang USJ Management Corporation (i.e. the 1st Defendant); and

(b) The 5th Plaintiff’s claim against AmFIRST REIT Trustee has been struck out.

The Plaintiffs have since appealed against the decision of Application to the Court of Appeal. On 18 January 2019, the solicitors representing AmFIRST REIT Trustee was notified that a case management for the appeal has been fixed on 18 February 2019.

We will make further announcements as and when deemed appropriate if there are any further developments on this matter.

This announcement is dated 22 January 2019.