Ex-Utusan workers demand liquidators settle RM18.9 million payment
This comes after company’s lawyers failed to response to 160 involved in VSS exercise.
Source: themalaysianinsight.com
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Ex-Utusan VSS employees demand liquidators pay remaining payment of RM18.9m
KUALA LUMPUR, March 7 — A total of 160 former Utusan Melayu (Malaysia) Berhad (UMMB) workers who were involved in the voluntary separation scheme (VSS) exercise five years ago,...
Source: malaymail.com
High Court: Utusan Melayu VSS staff are trustees not creditors
KUALA LUMPUR: Former Utusan Melayu (Malaysia) Berhad (UMMB) staff involved in the Voluntary Separation Scheme (VSS) exercise four years ago are entitled to the proceed of sales of the properties owned by UMMB and its subsidiaries.
Source: thestar.com.my