Emrail loses RM59m LRT3 bond suit, ordered to pay Kuwait Finance House RM39m
AI Summary
Emrail Sdn Bhd lost a High Court lawsuit involving RM59 million LRT3 bonds and was ordered to pay Kuwait Finance House RM39 million. The verdict represents a significant legal defeat for the rail contractor in Malaysia.
KUALA LUMPUR, Sept 24 — In a double courtroom defeat for rail contractor Emrail Sdn Bhd, the High Court has dismis...