JaGaSolution settles Zoinla litigation for RM 500,000

Bitget2026/10/19 05:16

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JaGaSolution will pay Zoinla RM 500,000 to settle litigation under an agreement dated Oct. 14, 2026.
An initial RM 250,000 is due by Oct. 29, 2026, payable by cheque or telegraphic transfer.
The remaining RM 250,000 requires a post-dated cheque dated March 31, 2027, delivered by Oct. 29, 2026.
The settlement turns the group's RM 378,419 net profit into a RM 121,581 loss, based on June 30, 2026, unaudited financials.
Neither party admits liability; the settlement represents a contribution toward costs rather than damages or compensation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JaGaSolution Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716002) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JaGaSolution settles Zoinla litigation for RM 500,000

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