Nera Telecom Unit Faces Claim in Malaysia Over Lease Dispute

MT Newswires

01/10

Nera Telecommunications Ltd (SGX:N01) said its Malaysian subsidiary, Nera (Malaysia), is facing a 233,710 ringgit claim from former landlord Great One Coconut Products Industries over alleged delays in returning leased factory premises, according to a Thursday filing on the Singapore Exchange.

The landlord filed the suit in Malaysia's Shah Alam Sessions Court, seeking damages, interest, and legal costs. Nera disputes the claim and plans to counterclaim.

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Nera disputes the claim and plans to counterclaim.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6005","symbol_name":"通信設備","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2502786190","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502786190","pubTimestamp":1736461325,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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