SYMLIFE

0.180

(%)

MATERIAL LITIGATION SYMPHONY LIFE BERHAD (SYMLIFE OR THE COMPANY) - Arbitration between SymLife Star Kiara Sdn. Bhd. (formerly known as TWY Development Sdn. Bhd.), a wholly-owned subsidiary of SymLife and Top International Engineering (Malaysia) Sdn. Bhd. Defendant: SymLife Star Kiara Sdn. Bhd. (formerly known as TWY Development Sdn. Bhd.) Plaintiff: Top International Engineering (Malaysia) Sdn. Bhd.

SYMPHONY LIFE BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
SYMPHONY LIFE BERHAD (SYMLIFE OR THE COMPANY) 
- Arbitration between SymLife Star Kiara Sdn. Bhd. (formerly known as TWY Development Sdn. Bhd.), a wholly-owned subsidiary of SymLife and Top International Engineering (Malaysia) Sdn. Bhd. 
Defendant: SymLife Star Kiara Sdn. Bhd. (formerly known as TWY Development Sdn. Bhd.) 
Plaintiff: Top International Engineering (Malaysia) Sdn. Bhd.

Reference is made to the Company's earlier announcements dated 15 April 2024, 10 June 2024, 16 July 2024, 16 October 2024, 13 November 2024, 12 August 2025, 21 August 2025, 13 October 2025 and 22 May 2026 in relation to the arbitration between Top International Engineering (Malaysia) Sdn. Bhd. (TIEMSB) and SymLife Star Kiara Sdn. Bhd. (formerly known as TWY Development Sdn. Bhd.) (SSKSB), a wholly-owned subsidiary of SymLife, arising from a project known as "TWY @ Mont Kiara".

 

The Company wishes to announce that its subsidiary, SSKSB, had on 26 May 2026 received a Notice (pursuant to Section 465(1)(e) and Section 466(1)(a) of the Companies Act 2016) dated 25 May 2026 from Harold & Lam Partnership, acting as solicitors for TIEMSB. Under the Notice, TIEMSB has demanded the total sum of RM15,678,909.28, being the amount due and owing by SSKSB to TIEMSB.

 

The Company is seeking the Solicitors' advice and further announcements will be made as and when there are material developments in respect of this matter. 

 

This announcement is dated 28 May 2026.

 



Announcement Info

Company Name SYMPHONY LIFE BERHAD
Stock Name SYMLIFE
Date Announced 28 May 2026
Category General Announcement for PLC
Reference Number GA1-26052026-00076


View original announcement