Thursday 28 Mar 2024
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KUALA LUMPUR (Dec 19): Mclean Technologies Bhd said its units have been ordered by a court to pay RM3.23 million in damages to Petronas Gas Bhd for unlawful entry into the latter’s land.

DWZ Industries (Johor) Sdn Bhd and DWZ Industries Sdn Bhd, who were sued in 2016, were also ordered to pay interest at 5% per annum from the date of loss until full payment and costs totalling RM100,000.

The decision, delivered at the High Court in Johor Bahru today, holds both DWZ entities liable to Petronas Gas for unlawful entry into its land, trespass, nuisance and negligence for the discharge of foreign effluent causing damage to Petronas Gas’ pipeline.

The court also issued an injunction against the DWZ entities from entering the land, construct any piping or structure on the land, and releasing or discharging any effluents to the land.

In a filing to the stock exchange, Mclean said it will study the grounds of the court’s decision and seek legal advice before deciding if an appeal is merited.

“Pending that, at the present time, the Board is unable to quantify the financial impact on the group’s financials and operations,” said the e precision cleaning and washing solutions provider.

Mclean’s shares last traded on Dec 17 at 12 sen, for a market capitalisation of RM21.45 million.

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