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JAKS releases RM50mil payment to Star Media Group


Its announcement to Bursa Malaysia yesterday said that the action was done after the Federal Court dismissed JAKS Island Circle Sdn Bhd’s (JIC) application and after consultation with its legal advisors

Its announcement to Bursa Malaysia yesterday said that the action was done after the Federal Court dismissed JAKS Island Circle Sdn Bhd’s (JIC) application and after consultation with its legal advisors

PETALING JAYA: JAKS Resources Bhd released the bank guarantee payment of RM50mil to Star Media Group Bhd on Jan 9.

Its announcement to Bursa Malaysia yesterday said that the action was done after the Federal Court dismissed JAKS Island Circle Sdn Bhd’s (JIC) application and after consultation with its legal advisors.

   

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