KUALA LUMPUR (Sept 11): Pasukhas Group Bhd announced that Telekom Malaysia Bhd (TM) is claiming a total sum of RM698,342.98, together with a 5% interest rate and other costs and reliefs.

Pasukhas said TM’s claim was made via a writ of summons and statement of claim, which was served to its wholly-owned Pasukhas Sdn Bhd.

“The company will be consulting its solicitors with regard to the writ and claim and will make further announcement from time to time in respect of any material developments on this matter,” Pasukhas said in a filing with Bursa Malaysia today.

Shares in the Main Market-listed Pasukhas, which provides engineering services, dropped 0.5 sen or 3.33% to close at 14.5 sen today, valuing it at a market capitalisation of RM117.68 million.