Reference is made to the Company's announcements dated 1st March 2023, 27th March 2023, 10th May 2023, 25th May 2023, 9th August 2023, 9th November 2023, 15th December 2023, 10th January 2024, 20th March 2024, 18th April 2024, 24th May 2024, 11th June 2024, 11th July 2024, 12th August 2024, 11th September 2024, 19th September 2024, 18th February 2025 and 21st March 2025 respectively on the above matter.
The Board of Directors of HeiTech Padu Berhad ("Company") wishes to announce that in relation to the legal proceedings between Pertubuhan Keselamatan Sosial (Perkeso) and the Company vide Kuala Lumpur High Court Civil Suit No. WA-22NCvC-72-02/2023, the parties have reached an amicable settlement strictly without any admission of liability, through a Consent Judgment.
Pursuant to the Consent Judgment, a total sum of RM7,000,000.00 is to be paid by way of 28 instalments commencing from 28th May 2026. For avoidance of doubt, the Company has yet to be served with the sealed Consent Judgment.
In this regard, the remaining trial dates fixed on 21st May 2026 and 9th June 2026 have been vacated.
The Company does not expect the settlement to have any material adverse effect on the financial position or operations of the Company.
This announcement is dated 13th April 2026.