KUALA LUMPUR: Notion VTEC Bhd has accepted from its insurer a full and final claim settlement of RM159.37mil for material fire losses in the incident that occurred at its main manufacturing plant in Klang.
The group said in a stock exchange filing its wholly owned subsidiary Notion VTec Sdn Bhd has so far received a cumulative amount of RM80mil from AXA Affin General Insurance Bhd as partial settlement for the material fire loss.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!