FGV Served With RM90 Million Suit For Breach Of Agreement
FGV Served With RM90 Million Suit For Breach Of Agreement
FGV Holdings Berhad announced that its indirect subsidiary, FGV Bulkers Sdn Bhd has been served with a Writ of Summon by South Asian International Distribution for breaching the Supply and Delivery Agreement back in February 2023 for the supply and delivery of Palm Kernel Shells.
FGV Holdings Berhad宣布，其间接子公司FGV Bulkers Sdn Bhd因违反了2023年2月供应和交付棕榈仁壳的供应和交付协议而获得南亚国际分销公司的传票令。
The writ claims that a declaration that any agreement (whether expressly or impliedly made by the company) to the increase of price of PKS within the 6-month period of the SDA shall be null and void; b) Damages in the sum of RM4,443,859.70, being losses pleaded c) Damages in the sum of RM86,399,575, being losses pleaded d) Further and/or alternatively, general damages to be awarded pursuant to the findings of the Court and Pre-judgment interest
该令状声称，在SDA的6个月期限内关于提高PKS价格的任何协议（无论是公司明示还是默示达成）的声明均属无效；b) 总额为RM4,443,859.70的损害赔偿，属于已申诉的损失 c) 总额为86,399,575令吉的损害赔偿 d) 进一步和/或者，一般损害赔偿根据法院的调查结果和判决前的利息
FGV said it does not expect that there will be any material operational and financial impact from the Suit for the financial year FGVB said it is currently seeking legal advice and will make further announcements on any material development in the Suit in due course.
FGV表示，预计该诉讼不会对该财政年度产生任何实质性的运营和财务影响。FGVB表示目前正在寻求法律咨询，并将在适当时候就该诉讼的任何实质性进展发布进一步公告。
