MATERIAL LITIGATION GABUNGAN AQRS BERHAD ("GBGAQRS" OR "THE COMPANY") - WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AT THE HIGH COURT OF MALAYA AT KUALA LUMPUR SUIT NO. WA-22NCC-93-02/2025 BY GABUNGAN STRATEGIK SDN BHD, A WHOLLY OWNED SUBSIDIARY OF GBGAQRS & SYARIKAT MUHIBAH PERNIAGAAN DAN PEMBINAAN SDN BHD (COLLECTIVELY KNOWN AS "PLAINTIFFS") VS TURNPIKE SYNERGY SDN BHD, MOHAMMAD AZLAN BIN ABDULLAH, ROSTAM SHAHRIF BIN TAMI, ZAIRULNIZAM BIN ROHANI & SATUNAS TECHNOLOGIES SDN BHD (COLLECTIVELY KNOWN AS "DEFENDANTS)
| GABUNGAN AQRS BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | GABUNGAN AQRS BERHAD ("GBGAQRS" OR "THE COMPANY") - WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AT THE HIGH COURT OF MALAYA AT KUALA LUMPUR SUIT NO. WA-22NCC-93-02/2025 BY GABUNGAN STRATEGIK SDN BHD, A WHOLLY OWNED SUBSIDIARY OF GBGAQRS & SYARIKAT MUHIBAH PERNIAGAAN DAN PEMBINAAN SDN BHD (COLLECTIVELY KNOWN AS "PLAINTIFFS") VS TURNPIKE SYNERGY SDN BHD, MOHAMMAD AZLAN BIN ABDULLAH, ROSTAM SHAHRIF BIN TAMI, ZAIRULNIZAM BIN ROHANI & SATUNAS TECHNOLOGIES SDN BHD (COLLECTIVELY KNOWN AS "DEFENDANTS) |
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We refer to the announcement made on 17 February 2025. Please find below the additional details of the litigation case:-
1. INFORMATION
The Company wishes to announce that Gabungan Strategik Sdn Bhd (“GSSB”) (“2nd Plaintiff”), a wholly owned subsidiary of the Company, together with Syarikat Muhibah Perniagaan dan Pembinaan Sdn Bhd (“SMPP”) (“1st Plaintiff”) has on 14 February 2025, filed a Writ of Summons and Statement of Claim (Civil Suit No. WA-22NCC-93-02/2025) at the High Court of Malaya at Kuala Lumpur against: –
(collectively the “Defendants”)
The “Projek Penswastaan Lebuhraya Bertingkat Sungai Besi – Ulu Kelang Package SUKE-CA3 – Construction and Completion of Mainline and Other Associated Works from CH. 4200 to CH. 7800 (Contract No. TURNPIKE-SUKE-C-A-ML-CA3-016” (“SUKE Project”) contract entered into between SMPP and the employer, Turnpike Synergy Sdn Bhd.
On 18 August 2016, SMPP had awarded GSSB the sub-contract for the provision and supply of all labour, material, fuel, plant and/or equipment and everything necessary for the execution and completion of bridge structure works (“Sub-Contract Works”) in relation to the SUKE Project.
2. PARTICULARS OF THE CLAIMS UNDER THE WRIT OF SUMMONS AND STATEMENT OF CLAIM
The 1st and 2nd Plaintiffs are seeking losses and damages in relation to the SUKE PROJECT with the quantum claim under the litigation amounting to RM501,278,960.58.
3. CIRCURMSTANCES LEADING TO THE WRIT OF SUMMONS AND STATEMENT OF CLAIM
The dispute between the Plaintiffs and the Defendants relates to the administration of the CA3 Project, which the Plaintiffs contend that the Defendants administered maliciously to the detriment of the Plaintiffs.
This announcement is dated 19 February 2025. |
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Announcement Info
| Company Name | GABUNGAN AQRS BERHAD |
| Stock Name | GBGAQRS |
| Date Announced | 19 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19022025-00019 |