PETALING JAYA: Lion Corp Bhd’s hot-rolled coil manufacturing unit Megasteel Sdn Bhd and Tenaga Nasional Bhd (TNB) have mutually agreed to settle a RM305.63mil financial claim made by TNB for the supply of electricity.
The sum is inclusive of overdue interest and interest for the moratorium at the rate of 8.6% per annum.
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