PETALING JAYA: Claims against a unit and associates of Ranhill Holdings Bhd have been dropped.

In a filing with Bursa Malaysia, Ranhill said that it has been advised by its counsel for Ranhill Water Technologies (Cayman) Ltd (RWTC) that the claims have been dropped by the claimant, Wahtoting Holding Ltd.

Ranhill said that it had previously announced on Nov 2, 2017 that a suit was brought against its wholly-owned subsidiary, RWTC and its associate companies, Ranhill Water (Hong Kong) Limited and Ranhill Technologies (Shanghai) Ltd by the claimant in China, for the alleged non-payment of fees amounting RMB19.94mil (approximately RM12.76mil)

“We were of the firm view that the allegation was without merit and that the claim was frivolous and baseless,” said Ranhill.

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