The garment and textile retailer told Bursa Malaysia on Wednesday that the parties had agreed to enter into a consent judgment whereby they agreed to a full and final settlement of RM50,000.
To recap, on June 11 Kamdar Group was served with writ of summon and statement of claim by Goh Keng Tat & Co, the solicitors of Michael Chow.
Michael Chow claimed RM93,541 and other costs/claims and interest that the court might deem fit.
Kamdar had told Bursa Malaysia it was disputing the fees and held the view that the fees were not payable due to various reasons.
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