We refer to the article, “Halim’s legal suit poser – Will it be settled out of court?” published in The Star on 18 July 2013.

With regard to Tan Sri Halim Saad’s legal suit against Tan Sri Nor Mohamed Yakcop, the Government of Malaysia and Khazanah Nasional Berhad (“Khazanah”), the respective defendants would like to state that contrary to the said article, there is neither a settlement being proposed nor are they aware of any discussion in respect of the same.

All three defendants continue to believe that they have a strong defence to the claim and shall take all measures necessary to vigorously defend it in order to protect their respective interests. Further, as the case is now before the courts, it should therefore be deliberated and decided accordingly by the courts.