TXCD wins court order for RM 75,000 security for costs in LKD lawsuit

Bitget2026/10/30 11:11

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TXCD won its security-for-costs application against LKD Trading on October 30, 2026; the High Court awarded RM 8,000 in costs.
LKD, in liquidation, must deposit RM 75,000 with the company's solicitors within 14 days of the ruling.
Failure to comply would allow the company to seek dismissal of LKD's claim.
The court rejected Liew Kok Leong's bid to dismiss the claim but ordered LKD to deposit RM 75,000 with his solicitors.
The next case management is scheduled for November 30, 2026, pending compliance with the security-for-costs orders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXCD Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720983) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TXCD wins court order for RM 75,000 security for costs in LKD lawsuit

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