(We refer to our announcements dated 5 May 2025 and 7 May 2025 in respect of the above Suit. Unless otherwise defined, all definitions used throughout this announcement shall have the same meanings as defined in our said earlier announcements.)
The Board of Directors of SUNVIEW wishes to inform that FSSB had on 8 May 2025 been served with an Originating Summons together with an Affidavit in Support affirmed by the Plaintiff in respect of an enforcement proceeding pursuant to Section 28 of CIPAA 2012 to enforce the Adjudication Decision dated 8 April 2025.
On 9 May 2025, TSS Cemerlang has via its solicitors agreed in writing not to resort to any winding-up proceedings or any execution proceedings until the Court decides on both the setting aside and enforcement applications, which are scheduled to be decided on 7 August 2025.
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 9 May 2025.