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Xin Synergy subsidiary sues former directors, 15 others over RM37.94 million in losses

BusinessToday Malaysia High Court of Pulau Pinang, Pulau Pinang

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.

Read the full story · BusinessToday Malaysia ↗ More news near High Court of Pulau Pinang, Pulau Pinang Browse all news
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