Minho unit gets RM563,714 insurance settlement due to fire

KUALA LUMPUR: Minho (M) Bhd has received payment of RM563,714 from insurer Chubb Insurance Malaysia Bhd as settlement for the fire incident at its unit in Jengka, Pahang.

It said on Monday its unit Lionvest Corporation (Pahang) Sdn Bhd had received the final and full settlement of the claim for the fire damage at its timber complex on Sept 10,2019.

Minho said Lionvest's building, machinery and office equipment were damaged in the fire.

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Minho , insurance , fire , Lionvest


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