Thursday, March 11, 2010

NV MULTI CORPORATION BHD


Stock Code / Short Name5021 / NVMULTI
Date & Time Announce11/03/2010 6:54:00 PM
SubjectLitigation

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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