Ta Win Holdings Bhd’s wholly owned subsidiary, Ta Win Industries (M) Sdn Bhd (TWI), is facing a RM3.57 million lawsuit filed by Air Products Malaysia Sdn Bhd over the alleged wrongful termination of an industrial gas supply agreement.
The group said TWI was served with a writ of summons and statement of claim on June 26, 2026, in the High Court of Malaya in Kuala Lumpur.
According to the plaintiff, TWI had entered into a Gas Sales Agreement for the supply of industrial gases with an initial fixed term ending on March 31, 2028.
Air Products alleges that TWI issued a letter dated Nov 1, 2024, seeking to terminate the agreement before the expiry of the contract, claiming the termination was not carried out in accordance with the contractual provisions.
The company contends that TWI remains liable for outstanding minimum take-or-pay obligations, unpaid monthly facility charges for the remaining contract period, as well as contractual dismantling and removal charges for equipment installed at TWI’s premises.
Air Products further claimed that TWI failed to settle the outstanding amount despite receiving a letter of demand on April 7, 2026.
The plaintiff is seeking RM3.57 million in damages, interest at five per cent per annum from the date the writ was filed until judgment, additional post-judgment interest, general damages, legal costs and any other relief deemed appropriate by the court.
