<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 26): Hartalega Holdings Bhd (KL:<a href="/askedge/klse/5168" class="ce-stock" target="_blank">HARTA</a>) said it has secured the court’s permission to challenge additional tax bills totalling more than RM100 million issued by the Inland Revenue Board.</p></div>

<div class=newsTextDataWrapInner><p>The High Court has granted the group leave to commence the judicial review and fixed the hearing for Sept 18, the glovemaker said in a bourse filing on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>In the meantime, an ad interim stay of enforcement of the additional assessments was also granted.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The additional assessments issued against Hartalega's wholly owned unit Hartalega NGC Sdn Bhd comprised RM13.92 million for 2017, RM36.35 million for 2018, RM10,695 for 2019, RM32.89 million for 2020, RM18.10 million for 2021 and RM90,624 for 2022.</p></div>

<div class=newsTextDataWrapInner><p>Hartalega NGC houses the group's Next Generation Integrated Glove Manufacturing Complex (NGC) in Sepang.</p></div>

<div class=newsTextDataWrapInner><p>According to Hartalega's latest annual report, construction of the complex started in 2013, with various plants completed over the years — the sixth and latest being in 2020.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Hartalega ended two sen or 1.64% lower at RM1.20, valuing the group at RM4.1 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/765392" target="_blank">IRB hits Hartalega with over RM100 mil in additional tax assessments</a></em></p></div>


Hartalega Holdings Bhd (KL:HARTA) said it has secured the court’s permission to challenge additional tax bills totalling more than RM100 million issued by the Inland Revenue Board.

Hartalega gets court's nod to challenge additional tax bills

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Monday:</p>


United Malacca, Handal Energy, CTOS Digital, ISF Group, Mega Fortris, GIIB, Ni Hsin, Econpile, Infomina, Signature Alliance, Pekat, Kretam

<p>Infomina Bhd (KL:INFOM) has secured a five-year appointment from US technology company Broadcom to distribute and support its Agile Operations Division (AOD) software across 13 Asia Pacific markets, expanding its regional presence and enterprise software offerings.</p>


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<p>The Seremban High Court on Monday has allowed the Negeri Sembilan Dewan Keadilan dan Undang (DKU) to intervene in the suit brought by 10 former state executive councilors against the state secretary Datuk Mohd Zafir Ibrahim and the state government, to challenge their removal from the executive council.</p>


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<p>Reservoir Link Energy Bhd (KL:RL) said on Monday its 60%-owned unit has been appointed as a panel contractor for PETRONAS’s research arm.</p>


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<p>Prosper Trading Sdn Bhd's failure to initially recognise Australian-listed PRL Global Ltd and its wholly owned subsidiary as persons acting in concert (PACs) led to its collective shareholding in United Malacca Bhd (KL:UMCCA) crossing the 33% takeover threshold in September 2024, triggering a mandatory general offer (MGO) that was not made at the time.</p>


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<p>Northern Solar Holdings Bhd (KL:NORTHERN) has secured two letters of award to supply renewable energy from solar projects with a combined capacity of 189 megawatts (MW), coupled with battery storage systems, to two data centre projects.</p>


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<p>Singapore has denied investigating a Chinese executive reportedly close to Nvidia chief Jensen Huang, rejecting claims made in a <i>Wall Street Journal</i> report that authorities were "concerned" about possible Chinese espionage.</p>


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<p>Econpile Holdings Bhd’s (KL:ECONBHD) subsidiary has secured a RM73 million contract to carry out piling and foundation works for a new hospital building at Hospital Tung Shin in Kuala Lumpur.</p>


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<p>A hacking attack on European supermarkets spread across the continent on Monday, hitting fridges and freezers from Sweden to Belgium and forcing stores to throw away food in an incident that echoed a similar attack in France last month.</p>


<p>Signature Alliance Group Bhd (KL:SAG) said it has secured a RM51.56 million contract to undertake the redevelopment &nbsp;of &nbsp;the Underwater World Langkawi aquarium on the island.</p>


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<p>ISF Group Bhd (KL:ISF) has secured four contracts worth a combined RM83.23 million for a hyperscale data centre in Port Dickson, Negeri Sembilan, the largest amount it has announced to date. &nbsp;&nbsp;</p>


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<p>Goldman Sachs Group Inc has irked some of its staff after it banned most of them from using advanced artificial intelligence (AI) tools designed for coding after reviewing productivity and risk concerns.</p>


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<p>Handal Energy Bhd (KL:HANDAL) has been issued a show-cause notice by Bursa Malaysia to explain why it should not be delisted after failing to submit its annual report more than six months past the April 30 deadline.</p>


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<p>The Johor-Singapore Special Economic Zone (JS-SEZ) recorded RM88.83 billion in approved investments between January 2025 and June 2026, with the potential to create 28,755 jobs, said Economy Minister Akmal Nasrullah Mohd Nasir.</p>
