SRC’s RM19.5m claim: Umno, Selangor Umno request adjournment for settlement talks ahead of trial

SRC International Sdn Bhd News

SRC’s RM19.5m claim: Umno, Selangor Umno request adjournment for settlement talks ahead of trial
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KUALA LUMPUR, Nov 18 — The High Court here today was told that Umno and Selangor Umno are in the midst of negotiating a settlement with SRC International Sdn Bhd and two of its...

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Too important to China to fail, SE Asia’s ‘battery’ Laos struggles to tame rampant inflation and pay back US$13b debtThe High Court was told that Umno and Selangor Umno are in the midst of negotiating a settlement with SRC International Sdn Bhd and two of its subsidiaries over the allegation of receiving RM19.5 million from the companies in 2015.

Judge Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan, who allowed the parties’ request to postpone today’s proceedings, however, said that the trial will proceed on Wednesday if there is no concrete settlement from the parties.

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