KUALA LUMPUR (Sept 21): Malaysia Airports Holdings Bhd (MAHB) has received a notice from Express Rail Link Sdn Bhd (ERL) to wholly indemnify the latter against a RM5.41 million claim by Segi Astana Sdn Bhd. Segi Astana, a joint-venture company between WCT Land Sdn Bhd — the wholly-owned unit of WCT Holdings Bhd — and MAHB, is the developer of the gateway @ klia2 shopping mall, which is sandwiched between the drop-off area and KLIA's main terminal. In a bourse filing today, MAHB said it had, together with its wholly-owned subsidiary Malaysia Airports (Sepang) Sdn Bhd (MA Sepang), received the third party notice, dated Sept 9, to indemnify ERL for the said sum. "The company (MAHB) and MA Sepang have instructed their solicitors to represent both the company and MA Sepang in the legal action. Nevertheless, it said it was, together with MA Sepang, taking all necessary measures to resist the legal action and was confident in being able to do so.

Source: The Edge Markets September 21, 2016 14:26 UTC