MATERIAL LITIGATION KNM GROUP BERHAD ("KNM" OR THE "COMPANY") WRIT OF SUMMONS NO. BA-22NCVC-331-07/2025 COMMENCED BY KMK POWER SDN BHD AND KMK GREEN VENTURES SDN BHD AGAINST BUMI SEGAR INDAH SDN BHD AT THE HIGH COURT OF MALAYA AT SHAH ALAM
| KNM GROUP BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | KNM GROUP BERHAD ("KNM" OR THE "COMPANY")
WRIT OF SUMMONS NO. BA-22NCVC-331-07/2025 COMMENCED BY KMK POWER SDN BHD AND KMK GREEN VENTURES SDN BHD AGAINST BUMI SEGAR INDAH SDN BHD AT THE HIGH COURT OF MALAYA AT SHAH ALAM |
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Reference is made to the Writ of Summons No. BA-22NCvC-331-07/2025 commenced by KMK Power Sdn Bhd (“KMKP”) and KMK Green Ventures Sdn Bhd (“KMKGV”), the indirect subsidiaires of the Company, against Bumi Segar Indah Sdn Bhd (“BSI”), at the High Court of Malaya at Shah Alam (“Civil Suit”) wherein KMKP is claiming RM3,000,000.00 from BSI, being the sum owing to it pursuant to a Settlement Agreement dated on or about 3 November 2020 made inter alia between KMKP, KMKGV and BSI together with interest thereon, costs and other relief as the court may deem fit.
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Announcement Info
| Company Name | KNM GROUP BERHAD |
| Stock Name | KNM |
| Date Announced | 29 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29082025-00086 |