KPS

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MATERIAL LITIGATION KUMPULAN PERANGSANG SELANGOR BERHAD ("KPS BERHAD" OR "COMPANY") MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.03 OF BURSA MALAYSIA SECURITIES BERHAD MMLR IN RESPECT OF WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM 39 FORMER EMPLOYEES OF QUALITY HOTEL CITY CENTRE ("QHCC"), BEING THE HOTEL OWNED BY PERANGSANG HOTEL AND PROPERTIES SDN BHD ("PHP"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KPS BERHAD, AGAINST (1) PHP, (2) KPS BERHAD AND (3) LEO HOSPITALITY SDN BHD (IN LIQUIDATION) ("LEO")

KUMPULAN PERANGSANG SELANGOR BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description 
KUMPULAN PERANGSANG SELANGOR BERHAD ("KPS BERHAD" OR "COMPANY") MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.03 OF BURSA MALAYSIA SECURITIES BERHAD MMLR IN RESPECT OF WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM 39 FORMER EMPLOYEES OF QUALITY HOTEL CITY CENTRE ("QHCC"), BEING THE HOTEL OWNED BY PERANGSANG HOTEL AND PROPERTIES SDN BHD ("PHP"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KPS BERHAD, AGAINST (1) PHP, (2) KPS BERHAD AND (3) LEO HOSPITALITY SDN BHD (IN LIQUIDATION)  ("LEO")

Reference is made to our earlier announcements dated 26 May 2022, 8 June 2022, 20 June 2022, 4 July 2022, 29 July 2022, 4 August 2022, 29 August 2022, 23 September 2022, 13 December 2022, 2 March 2023,11 April 2023, 16 May 2023, 24 July 2023, 11 September 2023, 9 October 2023, 28 February 2025, and 22 May 2025 in relation to Kuala Lumpur Malaya High Court Summons No. WA-22NCvC-267-05/2022 (“Announcements”).

 

Unless otherwise stated, words and phrases used in the Announcements shall have the same meaning as defined in the aforesaid Announcements.

 

The Board of KPS Berhad wishes to announce that on 16 July 2025,  the Court delivered its decision on the Claim as follows:

  1. the Plaintiffs’ Claim against PHP is allowed, with damages awarded amounting to RM63,952.53 and costs of RM40,000.00;
  2. the Plaintiffs’ Claim against KPS Berhad is dismissed, with costs of RM5,000.00 awarded; and
  3. the Plaintiffs’ Claim against LEO is dismissed, with no order as to costs.

 

KPS is currently assessing its next steps in relation to the implications for PHP, including available legal options. KPS Berhad will make the necessary announcement on any further development of this matter in due course.

 

This announcement is dated 17 July 2025.



Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 17 Jul 2025
Category General Announcement for PLC
Reference Number GA1-17072025-00018


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