KUALA LUMPUR: Mission NewEnergy Ltd’s subsidiary, Mission Biofuels Sdn Bhd (MBSB), has served KNM Process Systems Sdn Bhd with a winding-up petition.
In a statement yesterday, Mission NewEnergy said MBSB’s move follows KNM’s failure to pay it approximately A$3.8mil (RM12.2mil) plus interest.
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