General Announcement

12/09/2005

JOHOR BAHRU HIGH COURT SUIT NO.22-463-1999(3) MALABENA HOLDINGS SDN BHD V MALAYSIA BUILDING SOCIETY BERHAD

MALAYSIA BUILDING SOCIETY BERHAD

Type

Announcement
SubjectJOHOR BAHRU HIGH COURT SUIT NO.22-463-1999(3)
MALABENA HOLDINGS SDN BHD V MALAYSIA BUILDING SOCIETY BERHAD

Contents :

The Board of Directors of Malaysia Building Society Berhad (the "Company") is pleased to announce that Malabena Holdings Sdn Bhd (Malabena) has withdrawn the abovementioned suit against the Company (the "Suit"). In the Suit, Malabena had claimed damages against the Company amounting to RM400.31Million for an alleged breach of a Facility Agreement entered into between the Company and Malabena in 1996.


The Notice to discontinue the said Suit was filed in Court on 12th Septermber, 2005.


Announcement Info

Company NameMALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB
Date Announced12 Sept 2005  
CategoryGeneral Announcement
Reference NoMB-050912-49159

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