KUALA LUMPUR: Trading in the shares of Ranhill Holdings Bhd has been halted from 11.19am to 2.30pm on Thursday on the back of an announcement that its subsidiary Ranhill Water Technologies (Cayman) Ltd (RWTIC) has been served with a summons in China.
The claimant, Wahtoting Holding Ltd, is suing for alleged unpaid fees in the amount of RMB19.94mil (RM12.76mil). RWTIC is the second defendant while the claim is also being made against Ranhill associate companies Ranhill Water (Hong Kong) Ltd (RWHK)and Ranhill Technologies (Shanghai) Ltd.
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