Court orders Handal Energy to pay RM 9.75 million plus interest and costs

• Handal Energy was ordered to pay RM 9.58 million and RM 170,368.83 following summary judgment on October 19, 2026.
• The sums carry 5% annual interest from judgment until full payment. Total costs awarded to the plaintiff were RM 10,000.
• The court found no issues requiring trial. It also dismissed the company’s application for a ruling on questions of law.
• The company intends to appeal both decisions to the Court of Appeal.
• No material operational impact on the group is expected beyond the financial liability.

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. Handal Energy Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716776) on October 20, 2026, and is solely responsible for the information contained therein.