Ahmad Zaki Settles RM69 Million Legal Claim With AmBank

Source: Business Today

Ahmad Zaki Resources Bhd settled a legal claim with AmBank. The claim was for RM69.3 million due to payment defaults by its subsidiary. The settlement was amicable. Civil proceedings were initiated by the banks against Ahmad Zaki Sdn Bhd. The claim has now been settled.

What it means for buyers, tenants and investorsShareholders of Ahmad Zaki Resources Bhd can check the company's financial reports for the impact of the settlement on its financial position.

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