| Stock Code / Short Name | 5021 / NVMULTI | | Date & Time Announce | 11/03/2010 6:54:00 PM | | Subject | Litigation |
Litigation |
| Further to our announcement dated 24 July 2001, the Board of Directors of NV |
| Multi Corporation Berhad wishes to inform that its indirect wholly-owned |
| subsidiary, Nirvana Memorial Park (Johor) Sdn Bhd (NIRJ) has on 11 March 2010 |
| received the decision of the High Court, Johor Bahru granting judgment in |
| favour of Perpetual Memorial Park Bhd (PMPB) against NIRJ for special damages |
| in a sum of RM1,874,835 together with interest and costs under JB High Court |
| civil suit no. 122-268-2001. |
| The suit arose from an alleged trespass and nuisance by NIRJ causing damage to |
| PMPBs land. NV Multi will make announcement from time to time in respect of any |
| material development. |
| NIRJ under the advice of its solicitors will file an appeal to the Court of |
| Appeal. |
| This announcement is dated 11 March 2010- by bursa malaysia |
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