PETALING JAYA: Property development company JAKS Island Circle Sdn Bhd (JIC) has missed the Star Media Group Bhd’s (SMG) deadline for payment of over RM1.5mil in regard to a legal dispute, after failing to stay a court order to pay.
Back on June 19, High Court judge Justice Lee Swee Seng ordered JIC to pay interest totalling RM1,515,068.49 to SMG plus RM10,000 in costs.
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