Kerjaya Wins RM75.5 Million In Suit Against Yong Tai Subsidiary Over Hotel Project Dispute

Quick Summary:

Kerjaya Prospek (M) Sdn.Bhd.(KPM), a wholly owned subsidiary of Kerjaya Prospek Group Berhad, has secured a significant adjudication award of RM75.5 million in a payment dispute with Apple 99 Development Sdn.Bhd., a subsidiary of Yong Tai Berhad, over construction works tied to a hotel development in Malacca.

The main legal proceedings are still ongoing and are scheduled for trial between 1 and 3 October 2025.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: Malaysia

Topics: News Yong tai Kerjaya

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 07:50:50 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28666725

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