Kuala Lumpur Kepong Bhd MYX:KLK:
ARBITRATION COMMENCED BY PT PERTAGAS NIAGA ("PT GN") AGAINST UNIT
DISPUTE RELATED TO TERMINATION OF GAS SUPPLY AGREEMENT BETWEEN PT GN AND PT PSS TO ARBITRATION UNDER THE BANI
PT GN SEEKING FROM THE ARBITRATION COMPENSATION IN THE SUM OF USD39 MILLION, OTHERS
UNIT WILL BE FILING COUNTERCLAIM AGAINST PT GN FOR BREACH OF THE TERMS IN THE GSA
UNIT WILL DEFEND ITS POSITION AT ARBITRATION
PT PSS WILL COUNTERCLAIM FOR REASONABLE DAMAGES WITH INITIAL QUANTIFICATION 55 MILLION RGT, OTHERS