Hong Leong Assurance Not Sealed
via Bursa Malaysia Hong Leong Financial Group Berhad writes to inform that Hytex Integrated Berhad (“Hytex”) has obtained a judgment in default of appearance against its wholly-owned subsidiary, Hong Leong Assurance Berhad (“HLA”) in respect of a fire insurance claim amounting to about RM30 million. HLA has made urgent applications to set aside the judgment ...