<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 5): Sunway Construction Group Bhd's unit Sunway Geotechnics (M) Sdn Bhd has launched a lawsuit against Ikhmas Jaya Group Bhd's wholly-owned subsidiary Ikhmas Jaya Sdn Bhd seeking RM8.2 million over unpaid work.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Ikhmas Jaya said Sunway Geotechnics is also seeking RM492,132.34 for service tax under the subcontract; pre-decision interest of RM104,493.85; party and party costs of this claim of RM45,000; and legal cost of RM61,289.</p></div>

<div class=newsTextDataWrapInner><p>The matter is fixed for case management on March 26.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The piling and engineering specialist said its unit and Sunway Geotechnics have met, discussed and agreed in principle for an out of court settlement pending finalisation of the terms and conditions of the settlement.</p></div>

<div class=newsTextDataWrapInner><p>"Announcement on further development will be made in due course," it said.</p></div>

<div class=newsTextDataWrapInner><p>"The legal claim is not anticipated to have any significant financial and operational impact on the group’s results for the financial year ending Dec 31, 2019 since the amount has been accrued for in the financial statements," added Ikhmas Jaya.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Ikhmas Jaya closed unchanged at 13 sen today, for a market capitalisation of RM70.9 million.</p></div>


KUALA LUMPUR (March 5): Sunway Construction Group Bhd's unit Sunway Geotechnics (M) Sdn Bhd has launched a lawsuit against Ikhmas Jaya Group Bhd's wholly-owned subsidiary Ikhmas Jaya Sdn Bhd seeking RM8.2 million over unpaid work.

In a filing with Bursa Malaysia today, Ikhmas Jaya said ...

Sunway Construction's unit sues Ikhmas Jaya over unpaid work

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