Reference is made to the Company's announcements dated 28 October 2025, 29 October 2025, 1 April 2026 and 14 April 2026 in relation to the Kuala Lumpur High Court Originating Summons No.: WA-24NCC-615-10/2025 ("OS").
Unless otherwise stated, the terms stated herein shall have the same meaning as defined in the announcements.
We refer to the OS filed by Bursa Malaysia Securities Berhad ("Bursa") against MAAG ("1st Defendant"), CIMSEC Nominees (Tempatan) Sdn Bhd ("2nd Defendant"), KNM Group Berhad ("3rd Defendant" or "KNM") and KNM Process Systems Sdn Bhd ("4th Defendant" or "KNMPS") wherein the hearing of the OS was held on 14 May 2026.
After hearing parties' submissions on the OS, the High Court dismissed the OS with no order as to cost. The full grounds of judgment will be provided by the Court in due course.
Should Bursa decide to appeal against the High Court's decision, Bursa may file their Notice of Appeal to the Court of Appeal within 30 days from 14 May 2026 i.e., by 12 June 2026.
Any further developments on the OS will be announced in due course.
This announcement is dated 15 May 2026.