HLT Global Unit Faces Lawsuit Over Payment Dispute

MT Newswires Live
23 Apr

HLT Global (KLSE:HLT) unit, HL Advance Technologies was sued by Suzhou Wuzhong Conveying Chain for 939,919.7 ringgit in unpaid dues, plus interest and legal costs.

The dispute involves the supply of conveyor chains under four purchase orders, where the defendant only paid a 30% deposit for two, according to a Tuesday Malaysian bourse filing.

The case is set for an e-review at the Shah Alam High Court on May 20.

The glove dipping lines manufacturer is seeking legal advice and will update on further developments.

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