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Business 09 Apr 2008 | 12:00 AM

SC files suit against Repco Low, 9 others over Iris share fraud

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.

Business 10 Apr 2008 | 12:00 AM

Landmark civil suit by SC

The Securities Commission (SC) has filed a landmark civil suit against businessman Low Thiam Hock, also known as Repco Low, and nine others over the rigging of shares in Mesdaq-listed Iris Corp Bhd.

Business 08 Jul 2008 | 12:00 AM

Tenaga files RM11.47m claim against MTD ACPI Engineering

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.

Business 04 Nov 2010 | 12:00 AM

Maxbiz seeks RM163m in damages against 10 defendants

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.

Business 12 Feb 2011 | 12:00 AM

NGSB withdraws claims against TM

PETALING JAYA: Network Guidance Sdn Bhd (NGSB) has withdrawn claims for damages amounting to RM400mil and loss of profit of RM500mil against Telekom Malaysia Bhd and TM Net Sdn Bhd over an alleged breach of contract.

Business 07 Apr 2012 | 12:00 AM

Ibrahim sues Perdana Petroleum

PETALING JAYA: Former major shareholder of oil and gas services provider Petra Perdana Bhd, Tengku Datuk Ibrahim Petra Tengku Indra Petra is suing Perdana Petroleum Bhd, the Malaysian Communications and Multimedia Commission (MCMC) as well as 11 other individuals for exemplary damages of RM50mil and to have an injunction against the parties for assessing and using an email account belonging to him.

Business 17 Oct 2013 | 2:39 PM

Darar Ehsan seeks RM55.6m in special damages from SAP Holdings

KUALA LUMPUR: Darar Ehsan Sdn Bhd is seeking RM55.66mil in special damage for purportedly loss of profits in its counterclaim against SAP Holdings Bhd, a unit of Kumpulan Hartanah Selangor Bhd (KHSB).

Corporate News 15 Oct 2014 | 12:00 AM

Kamdar sues former chairman and two others for alleged withdrawal of funds

PETALING JAYA: Kamdar Group (M) Bhd, via its wholly-owned subsidiary Kamdar Sdn Bhd, is suing its former chairman Bipinchandra Balvantrai, Jayesh R Kamdar Rajnikant and contractor Yap Kim Hong for allegedly withdrawing funds totalling RM8.7mil from the company.

Business 04 Jul 2015 | 12:00 AM

Court dismisses claim against ex-Kamdar chairman

PETALING JAYA: The High Court has dismissed the claim by Kamdar Group (M) Bhd’s unit Kamdar Sdn Bhd against former chairman Bipinchandra Balvantrai and two others.

Corporate News 11 Oct 2016 | 12:40 PM

Kamdar’s court battle resumes after mistrial declared

KUALA LUMPUR: The court battle continues between Kamdar Group (M) Bhd (KGMB) -- helmed by chairman and managing director Kamal Kumar Kishorchandra Kamdar -- and Kamal Kumar’s cousin and the company’s biggest shareholder Bipinchandra Balvantrai.