Reference is made to the announcement dated 13th January 2020, (“Announcement”) for the payment claim in the matter of an Adjudication Notice by Legend Plan Sdn. Bhd. pursuant to Section 5 of the Construction Industry Payment and Adjudication Act 2012. 

Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On 30.4.2020, the Company’s solicitors was served with the Form 15 and 16 pursuant to the Construction Industry Payment and Adjudication Act 2012 (‘CIPAA 2012’) both dated 28.4.2019 wherein the learned adjudicator has decided the matter against the Company for the sum of RM1,171,909.94 together with interest at 5% per annum on the adjudicated sum commencing from 24.07.2016 until the date of full payment from the Respondent, costs of adjudication of RM16,351.75 and party to party costs of RM40,000.00 in accordance to Section 18 of CIPAA 2012 and Rule 7 of Construction Industry Payment & Adjudication Regulations 2014 payable to the Claimant within 14 days from the decision date.

The Company intends to set aside the decision.

This announcement is dated 30th April 2020