Courts & Sentencing news in Perai
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Xin Synergy subsidiary sues former directors, 15 others over RM37.94 million in losses
Total IPCO Sdn Bhd, a wholly owned subsidiary of Xin Synergy Group Bhd, has filed a lawsuit at the High Court of Pulau Pinang against three former directors and 15 other defendants. The company is seeking to recover approximately RM37.94 million in losses and damages related to moneylending activities that allegedly did not comply with procedures.
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Ex-Tabung Haji chairman Abdul Azeez bailed at RM450,000, pleads not guilty
Former Tabung Haji chairman Abdul Azeez Abdul Rahim completed his RM450,000 bail process at the Kuala Lumpur Courts Complex. He pleaded not guilty to a charge of using his position to obtain a company chairmanship with an annual remuneration of RM690,000.