Saturday 18 May 2024
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KUALA LUMPUR (Dec 5): Gamuda Bhd said hearing of a suit filed by Tenaga Nasional Bhd (TNB) against its subsidiary for non-payment of bills has been adjourned to Jan 8 next year.

This adjournment was made yesterday pending settlement negotiations between the parties, Gamuda said in a stock exchange filing today.

In the suit filed in March last year, TNB claimed Gamuda’s 80%-owned subsidiary Gamuda Water Sdn Bhd failed to settle four electricity bills totalling RM39.51 million.

Gamuda’s shares closed unchanged at RM2.33 for a market capitalisation of RM5.75 billion.

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