MATERIAL LITIGATION SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON" OR THE "COMPANY") - UPDATE ON LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD, AND THIRD PARTY PROCEEDINGS
SUNWAY CONSTRUCTION GROUP BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON" OR THE "COMPANY") - UPDATE ON LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD, AND THIRD PARTY PROCEEDINGS |
We refer to our announcement dated 15 November 2019 in relation to the Writ of Summons and a Statement of Claim both dated 8 November 2019 (“Writ of Summons and Statement of Claim”) served by PNSB Acmar Sdn Bhd (“Plaintiff”) on Prasarana Malaysia Berhad (“Prasarana”) (1st Defendant) and Sunway Construction Sdn Bhd (“SCSB”) (2nd Defendant) and Section B10 of the quarterly results of the Company for the financial period ended 30 June 2025.
The Board of Directors of SunCon wishes to announce that SCSB has, on 10 October 2025, received a copy of the Order dated 29 September 2025 (“Order”). In the Order, the High Court allowed the Plaintiff to discontinue its actions filed under the Writ of Summons and Statement of Claim against SCSB without liberty to file afresh, and ordered the Plaintiff to pay fixed costs of RM100,000 to SCSB.
Consequently, SCSB will have to discontinue the third party proceedings against Setia Utama LRT 3 Sdn Bhd (“Third Party”) without liberty to file afresh, and the High Court has ordered SCSB to pay the Third Party proceedings costs amounting to RM30,000.
As a result, all trial dates have been vacated.
This announcement is dated 10 October 2025. |
Announcement Info
Company Name | SUNWAY CONSTRUCTION GROUP BERHAD |
Stock Name | SUNCON |
Date Announced | 10 Oct 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-30092025-00025 |