Enviro-Hub files lawsuit in Malaysian High Court
This follows a company's failure to pay Enviro-Hub $6.95m (RM23m).
Enviro-Hub Holdings Limited has filed a statement of claim against a glove company in the High Court of Malaya at Muar in the State of Johor Darul Takzim, Malaysia.
This follows the glove company’s failure to pay Enviro-Hub $6.95m (RM23m) after its owners failed to meet the profit guarantee stipulated during the proposed acquisition of the company in 2021.
The company's owners also failed to respond to the Letter of Demand dated 9 June 2025.
As it failed to meet the profit guarantee in its entirety during the period, Enviro-Hub has opted to take legal recourse.
($1=RM3.32)