Gemilang International Ltd. has initiated legal action in Malaysia against its former executive director, Mr. Phang Sun Wah, for alleged breach of restrictive covenants outlined in his letter of appointment. The company is seeking to recover damages and losses it claims were caused by Mr. Phang’s actions. Mr. Phang and his daughter, Ms. Phang Huey Shyan, who was also a former executive director, resigned from their positions in early 2021 and late 2020, respectively. The company has also stated that it reserves the right to pursue claims against other former directors or employees if necessary. Additionally, Gemilang International has clarified that it has no business relationship or connection with Sun Wah Holdings Sdn. Bhd. or Sun Bus Tech Sdn Bhd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gemilang International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12025850), on February 16, 2026, and is solely responsible for the information contained therein.