Widad Builders Receive Letter Of Demand, Seeks Amicable Settlement

Businesstoday | Malaysia
Widad Builders received a Letter of Demand from Hikmat Duta and is negotiating an amicable settlement.

Summary

Widad Group Bhd announced that its wholly owned subsidiary, Widad Builders Sdn Bhd, received a Letter of Demand from Hikmat Duta Sdn Bhd concerning an ongoing legal matter related to a Kuala Lumpur High Court suit. The company said the subsidiary is in discussions with Hikmat Duta to explore a settlement plan aimed at resolving the issue amicably. This follows earlier announcements made on September 18, 2025, December 1, 2025, and January 15, 2026. No details of the claims or the proposed settlement terms were disclosed.

(Source:Businesstoday | Malaysia)

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