A1 A.K. Koh subsidiary A.K. Koh Enterprise faces RM 540,000 lawsuit over incentive fee, tax

Bitget2026/10/19 11:17

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A1 A.K. Koh Group's wholly owned subsidiary A.K. Koh Enterprise received a lawsuit from Mavens Fourmi on October 19, 2026.
The claim seeks an RM 500,000 incentive fee, with RM 40,000 in 8% government service tax.
Mavens Fourmi seeks 5% annual interest on RM 500,000 from July 11, 2025, until full settlement.
Additional claims include costs, 5% annual interest on claimed amounts and general costs, or an alternative court-determined sum.
A.K. Koh Enterprise appointed Lim Chambers as counsel; case management is scheduled for October 20, 2026, at 9 a.m.

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. A1 A.K. Koh Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716340) 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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A1 A.K. Koh subsidiary A.K. Koh Enterprise faces RM 540,000 lawsuit over incentive fee, tax

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