This article first appeared in The Edge Financial Daily, on April 22, 2016.

KUALA LUMPUR: Eversendai Corp Bhd’s wholly-owned subsidiary Eversendai Energia Sdn Bhd (EESB) is being sued by Poratha Corp Sdn Bhd (PCSB) which is claiming RM7.45 million and 5% interest for flue gas desulfurisation (FGD) ducting, miscellaneous piping works, firefighting piping works and other incidental costs.

In a filing to the local bourse yesterday, Eversendai said EESB had received a signed and sealed writ summons and statement of claim dated April 15, 2016 from Messrs Sandosh Anandan, acting for PCSB yesterday.

PCSB was claiming a total sum of RM7.45 million from EESB for FGD ducting, miscellaneous piping works and firefighting piping works with 5% interest per annum on the judgement amount calculated from the judgement date until the date of full settlement and other incidental costs.

“The company is of the view that EESB has a very good defence against the plaintiff’s claims,” Eversendai said.

The construction company said case management is fixed on May 16, 2016 at Shah Alam High Court.

It also said the company would make further announcement on the development of the above matter as and when necessary.

Eversendai closed two sen or 2.14% higher at 72 sen for a market capitalisation of RM553.34 million.