The Penang High Court has fixed Sept 3 to hear the results of former Penang Chief Minister Lim Guan Eng and businessperson Phang Li Koon's representation to the Attorney-General Chambers to withdraw the two graft charges against them.

High Court judge Hadhariah Syed Ismail said Sept 3 would be "final" date where the court must hear the outcome of Lim and Phang's representations to attorney-general Tommy Thomas.

"As the AG needs one more month to review the case, we will fix Sept 3 as the final date to hear the outcome of the representations," Hadhariah said in George Town today, further instructing the prosecution team to take note of the date.

Deputy public prosecutor Rashid Daud noted the judge's remarks.

Lim's lawyer Ramkarpal Singh told the court that the defence has filed the representation to the AG on Jul 6.

"We were informed that the AG needs further time to review the case. One more month is needed," said the Bukit Gelugor MP.

"After discussion of all parties, we would like to request that the case is postponed to Sept 3," Ramkarpal said, referring to discussions in chambers prior to the judge's decision.

Lim, who is the finance minister, was not present at court today, while Phang was. She was represented by lawyer V Sithambaran.

On May 21, Lim and Phang's case was put off as the defence team requested for time to seek the AG's review of the case as former AG Mohd Apandi Ali's term ended in July.

This was following Pakatan Harapan's May 9 general election win and the new government was appointing a new AG to replace Apandi.

On June 30, 2016, Lim was charged for seeking gratification for himself over the conversion of state land from agriculture to residential and the purchase of a bungalow at below the market value. He claimed trial to both charges.

If convicted, Lim faces imprisonment of up to 20 years and a fine of up to five times the sum or value of the bribe, or RM10,000, whichever is higher.

He faces a second charge of using his position to obtain for himself a bungalow, located at No 25, Jalan Pinhorn, George Town, on July 28, 2015, from Phang for RM2.8 million, which was alleged to be below the market value of RM4.27 million.

If convicted, Lim faces a jail term for up to two years, or a fine, or both.

Phang also claimed trial to the charge of abetting Lim in obtaining the bungalow at an undervalued cost.

If convicted, she faces a jail term of up to two years or a fine, or both, upon conviction.