Emrail loses RM59m LRT3 bond suit, ordered to pay Kuwait Finance House RM39m

🌐 Malay Mail (MY) —
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...

Politics Markets Deals court ruling rail contractor bond suit Kuwait Finance House Malaysia LRT3 project

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