PPH Resorts counter-sues SP Setia unit

PETALING JAYA: PPH Resorts (Penang) Sdn Bhd has filed a counter claim against SP Setia Bhd unit Setia Promenade Sdn Bhd which recently filed a writ of summons and statement of claim against the former to recover its project advances, interest in the advances and development project expenditure incurred.

PPH was claiming RM5.72mil and “damages alleged to have been suffered” to be assessed by the court, SP Setia said in a filing with Bursa.