Former Director Files RM25 Million Legal Suit Against EVD Berhad

EVD Berhad has informed that the group has received a Writ of Summons and Statement of Claim former Executive Director Mah Seong Huak whom the group had relieved of duties recently.

In his claim, Huak had claimed RM25 million against current directors namely, Gan Wee Peng, Hon Hin See, Datuk Dr Syed Muhamad Abdul Kadir, and EVD Berhad. He has named the defendants to be jointly and severally liable to pay the
general damages which is to be assessed by the Court.

Among the mentions in the suit, Huak said the defendant had published or caused to be published on Bursa Malaysia’s website having containing words that are defamatory.

EVD says the sit has no impact on the operations and the expected losses, if any, expect for the RM24 million is not expected to incur any further losses arising from the Suit at this juncture.

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