Iconic wins RM10.1mil in LFSB dispute


PETALING JAYA: Iconic Worldwide Bhd has reached an amicable resolution in the legal proceedings initiated by Latex Form Sdn Bhd (LFSB) against its subsidiary, Iconic Medicare Sdn Bhd (IMED).

On April 22, the High Court of Malaya, Penang, dismissed LFSB’s claim of RM15.04mil in total and allowed IMED’s counterclaim in part.

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