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PETALING JAYA: Maxbiz Corp Bhd has filed a suit seeking RM163.48mil in damages against 10 defendants that include former directors of Geahin Engineering Bhd and its subsidiaries, Mayford Garments Sdn Bhd and MKK Industries Sdn Bhd.
Tenaga Nasional Bhd has filed a claim for RM11.4mil from MTD ACPI Engineering Bhd's subsidiary for allegedly damaging the power company's underground cable in Kuala Lumpur.
The Securities Commission had launched a landmark civil suit against eight foreign parties and two Malaysians over the manipulation, market rigging and fraud of Iris Corporation Berhad shares.