They are taking legal action against OSK Trustees Bhd and SunREIT. Ti and Kurniadi have also named Commerce International Merchant Bankers Bhd and Deputy Registrar.
The plaintiffs are seeking an injunction to restrain OSK and SunREIT from completing the sale.
On March 31, OSK Trustees, on behalf of SunREIT, was announced the winning bidder for Putra Place at RM513.95 million.
SunREIT told Bursa Malaysia that it completed the purchase of the property on April 19 and the title has passed to OSK Trustees and the balance purchase price has also been settled.
The matter is expected to be heard next week.
By Business Times
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