PDZ to appeal court order favouring Dan-Bunkering

TheStar Tue, Oct 20, 2020 08:30am - 3 years View Original


The group said its solicitors were of the view that it has a strong case, related to the non-payment of marine fuel oil and gas oil supplied by Dan-Bunkering (Singapore).(File pic shows onw of PDZ's vessels.)

PETALING JAYA: PDZ Holdings Bhd is taking its long-standing legal case with Dan-Bunkering (Singapore) Pte Ltd to the Court of Appeal after the Kuala Lumpur High Court ruled in the latter’s favour.

The group said its solicitors were of the view that it has a strong case, related to the non-payment of marine fuel oil and gas oil supplied by Dan-Bunkering (Singapore).

It said this in a stock exchange filing with Bursa Malaysia on Friday, after announcing that it received a sealed order from the court to pay RM4.94mil to Dan-Bunkering (Singapore).

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.460
PDZ 0.040

Comments

Login to comment.