Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
MATERIAL LITIGATION XIN SYNERGY GROUP BERHAD ("XSGB" OR "THE COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY TOTAL IPCO SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AGAINST KHOO YIK CHOU, CHONG WEI LIANG, CHONG WEI CHUAN AND 15 OTHERS
XIN SYNERGY GROUP BERHAD
Type
Announcement
Subject
MATERIAL LITIGATION
Description
XIN SYNERGY GROUP BERHAD ("XSGB" OR "THE COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY TOTAL IPCO SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AGAINST KHOO YIK CHOU, CHONG WEI LIANG, CHONG WEI CHUAN AND 15 OTHERS
Pulau Pinang High Court Suit No.: PA-22NCvC-155-09/2026
Plaintiff: Total IPCO Sdn. Bhd. v
1st Defendant: Khoo Yik Chou
2nd Defendant: Chong Wei Liang
3rd Defendant: Chong Wei Chuan
4th Defendant: Liow Yee Joo
5th Defendant: Lee Ying Ying
6th Defendant: Lee Swee Ming
7th Defendant: CSTME Resources Sdn. Bhd.
8th Defendant: Seringan Mulia Sdn. Bhd.
9th Defendant: Chung Kah Haur
10th Defendant: Unimega Solutions Sdn. Bhd.
11th Defendant: Jin Wang Marketing Sdn. Bhd.
12th Defendant: Ang Yee Sian
13th Defendant: PH Prestij Development Sdn. Bhd.
14th Defendant: Low Choon Hean
15th Defendant: Tan Yueh Ming
16th Defendant: Lee Chee Hoon
17th Defendant: Goh Chuen Kheng
18th Defendant: Chen Boon Choon
(Collectively known as the "Defendants")
Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcements dated 25 August 2025, 2 September 2026 and 9 September 2026 ("Announcements").
Further to the Announcements, the Company wishes to clarify that the claim amount of RM37,943,163.23 had been fully impaired by Total IPCO in the financial years ended ("FYE") 31 March 2023 and 31 March 2024, the breakdown of which is set out below:
FYE
Amount impaired (RM)
31 March 2023
13,844,806.20
31 March 2024
24,098,357.03
Total
37,943,163.23
In addition, the Company wishes to inform that the first case management has been fixed on 1 October 2026.