Friday, 19 December 2025
KPS Berhad Shares Positive Outcome from Lawsuit on Kuala Langat Land Dispute
- Plaintiffs withdrew the lawsuit
- Legal proceedings relating to the matter concluded
Shah Alam, Malaysia, 19 December 2025 – Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or “the Company”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) referred to its earlier press release dated 15 November 2023 in relation to the lawsuit made against it by three individuals involving a past land transaction in Kuala Langat, Selangor. The allegation involves a transaction that took place 44 years ago of two parcels of land at Brooklyn and Sungai Kelambu in Kuala Langat.
KPS Berhad updated that there has been an encouraging outcome: the plaintiffs have withdrawn the suit against KPS Berhad, with costs paid to KPS Berhad, thereby concluding the matter.
KPS Berhad’s Managing Director/Group Chief Executive Officer, Ahmad Fariz Hassan, said:
"We are pleased with the resolution of this matter, which relates to events from more than four decades ago.
KPS Berhad has remained committed to good governance, transparency, and the protection of our
stakeholders’ interests, while staying focused on our core business and sustainable growth."
-End-
About Kumpulan Perangsang Selangor Berhad (www.kps.com.my)
Incorporated on 11 August 1975, Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or “the Group”) is an investment holding company listed on the Main Market of Bursa Malaysia Securities Berhad under the Industrial Products & Services Sector. KPS Berhad has core investments in the Manufacturing sector. While enhancing shareholder value by optimising returns, KPS Berhad is committed to contributing to sustainable economic, environmental, and social development.
For media enquiries, please contact:
