The claimed sum originally arose due to the default in payment to Maybank by Scomi Rail, which was wound-up on May 6,2019 with a receiver and manager appointed on May 9.
KUALA LUMPUR: Malayan Banking Bhd
has served a writ of summons on Scomi Group Bhd seeking RM113.95mil following a default in payment by an indirect subsidiary, Scomi Rail Bhd.
Scomi Group said on Tuesday Maybank was claiming the amount together with interest at 3.5% per annum above the bank’s base lending rate on a monthly rest and compounded monthly until full settlement of about RM22.77mil.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
