Further to the announcements made on 11 November 2020, 15 December 2020, 17 December 2020, 21 December 2020, 11 March 2021, 10 May 2021, 19 August 2021, 14 September 2021, 28 January 2022, 1 April 2022, 24 June 2022, 2 November 2022, 13 May 2024, 14 May 2024 ,16 May 2024,15 July 2024 and 7 November 2024 in relation to the forensic investigation at DTS - Kuala Lumpur High Court Suit No. WA-22NCC-544-11/2020.
The Board of Directors of Deleum ("the Board") wishes to announce the following update in respect of the legal proceedings filed by DTS ("the Plaintiff") in the Kuala Lumpur High Court Civil Suit No. WA-22NCC-544-11/2020 ("Suit 544").
Following the conclusion of the cross-examination of witnesses on 21 May 2026 for the assessment of damages for Defendant No. 5 and Defendant No. 7 in relation to the previous Anton Piller Order and Mareva injunction orders, the High Court delivered its decision on 9 July 2026 as follows:
The High Court found that the Defendant No. 5 and Defendant No. 7 did not succeed in proving that they suffered damage by virtue of the injunction orders granted against them;
The High Court also found that aggravated and exemplary damages are not warranted as it was not shown that the injunction orders were obtained maliciously or that the Plaintiff had acted with a blatant disregard for the rights of Defendant No. 5 and Defendant No. 7; and
- No general damages, exemplary or aggravated damages were awarded by the High Court. However, the Judge awarded nominal damages to Defendant No. 5 and Defendant No. 7, with costs and interest as follows:
Nominal damages of RM250,000.00 each;
Costs of RM25,000.00 each; and
- Interest at 5% per annum from the date of judgment to the date of payment.
The above decisions do not have any material financial impact on the Group for the financial year ending 31 December 2026.
Further announcements will be made to Bursa Malaysia Securities Berhad as and when there are material developments thereof.
This announcement is dated 10 July 2026.