PETALING JAYA: Kamdar Group (M) Bhd, via its wholly-owned subsidiary Kamdar Sdn Bhd, is suing its former chairman Bipinchandra Balvantrai, Jayesh R Kamdar Rajnikant and contractor Yap Kim Hong for allegedly withdrawing funds totalling RM8.7mil from the company.
Kamdar, in its filing with the exchange yesterday, said it was also claiming general, aggravated and exemplary damages, compound interest and such further and other reliefs as the court deemed fit.
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