Yong Tai files RM76.6m counterclaim suit against Kerjaya Prospek

KUALA LUMPUR: Main Market listed Yong Tai Bhd’s (YTB) wholly-owned subsidiary, Apple 99 Development Sdn Bhd (ADSB), has filed a counterclaim against K...

KUALA LUMPUR: Main Market listed Yong Tai Bhd’s wholly-owned subsidiary, Apple 99 Development Sdn Bhd , has filed a counterclaim against Kerjaya Prospek Sdn Bhd , a wholly-owned subsidiary of Kerjaya Prospek Group Bhd, for RM76.6 million.

This counterclaim is in response to a Writ of Summons and Statement of Claim served by KPSB on August 23, 2024. The company further contends that any performance obligations under the SA can be compensated adequately through monetary relief.

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