Country Heights Prioritizes Legal Resolutions at 41st AGM to Unlock Shareholder Value

Kuala Lumpur, 15 December 2025 – Country Heights Holdings Berhad (CHHB) held its 41st Annual General Meeting today, where the board emphasized that resolving ongoing legal, arbitration, and recovery matters is critical to safeguarding assets and fulfilling shareholders’ long-term objectives.Non-Independent Non-Executive Chairman Admiral Tan Sri Dato’ Setia Mohd Anwar highlighted that these processes focus on outcomes rather than optics, stating that successful resolutions will enable the achievement of shareholders’ aspirations.

Country Heights

Key updates included progress on Mines Waterfront Business Park (MWBP) liquidation, where CHHB maintains debts have been settled responsibly while challenging certain liquidator actions. Arbitration for Borneo Highlands assets with LCDA concluded hearings in October 2025, with a decision pending. For Mines International Exhibition & Convention Centre (MIECC), court proceedings with MBSB Bank are ongoing, including a hearing scheduled for 16 December 2025, amid efforts for a commercial settlement.The Group is also pursuing debtor recoveries worth approximately RM15 million to bolster financial discipline and asset performance. CHHB committed to transparency and further updates on material developments.

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