Petron Malaysia has been by a service station dealer for alleged wrongful termination of a dealership under the Retail Trading Agreement signed in 2018 between Petron and the dealer.
The sole under the name and style of Chop Eng Huat is claiming that the termination of the RTA was wrongful and is seeking RM9.2 million in loss of income. The party is also seeking costs for maintenance and upgrade amounting to RM660,000.00 payable by Petron to a Second Plaintiff plus exemplary damages amounting to RM500,000.00.
The oil company said it has instructed external counsel to act on its behalf and following a review of the claim and had determined that the claim is without any merit whatsoever and has therefore instructed external counsel to deal with the above. Petron is committed to robustly defend its legal rights and position in Court.
