Company Announcement

MATERIAL LITIGATION

Court of Appeal Suit No. S-02(NCvC)(W)-1742-09/2022
Pembinaan AJ Sdn Bhd (Plaintiff) vs Malayan Banking Berhad (Defendant)

Kota Kinabalu, Sabah – Azam Jaya Berhad has provided an update regarding the ongoing legal proceedings involving its subsidiary, Pembinaan AJ Sdn Bhd.

During a case management session before the Federal Court of Malaysia on 15 July 2026, the Court was informed that the Grounds of Decision from the Court of Appeal are still pending.

As a result, the Federal Court has scheduled a further case management on 11 August 2026 to obtain an update on the status of the Court of Appeal’s Grounds of Decision.

At this stage, there are no other material developments in the case.

Azam Jaya Berhad will continue to keep shareholders informed and will make further announcements should there be any significant developments relating to the matter.

Key Dates

  • 15 July 2026 – Federal Court case management held.
  • 11 August 2026 – Next case management date fixed.
  • 20 July 2026 – Announcement released by Azam Jaya Berhad.

Corporate Summary

Azam Jaya Berhad has confirmed that the litigation matter remains ongoing, with the next step dependent on the issuance of the Court of Appeal’s written Grounds of Decision. No changes to the Company’s previously disclosed position have been reported as of the announcement date.