We refer to the Company's announcement made on 4 September 2026 in respect of the Kuala Lumpur High Court Suit No. WA-22NCC-767-09/2026 filed by Tunai Impian Enterprise Sdn Bhd ("Tunai Impian") against KSB and KSFI.
The Company's solicitors notified the Company that on 29 September 2026, KSB and KSFI filed an application seeking for, amongst others, a determination of the following questions to be answered in favour of KSB and KSFI, and consequently, for Tunai Impian's claim against, amongst others, KSB and KSFI to be struck out:
(a) whether this action, as against KSB and/or KSFI, is barred by res judicata by reason of the Orders or outcome in Suit No. WA-22NCC-387-08/2020, Originating Summons No. WA-24NCC-371-07/2023, Originating Summons No. WA-24NCC-1067-12/2022 ("OS 1067") (via Enclosure 14) and/or Civil Appeal No. W-02(IM)(NCC)-234-02/2025;
(b) whether Tunai Impian's claim, if any, against KSB and/or KSFI is compromised and extinguished by Scheme E as favourably voted upon by Tunai Impian and then approved by the Court in OS 1067;
(c) if (b) is answered in the affirmative, whether Tunai Impian nevertheless would have a claim against the 3rd to 7th Defendants in Suit 767.
The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.
This announcement is dated 30 September 2026.