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NEP and the two individuals have filed a writ and statement of claim (a formal lawsuit) against VS Industry and Datuk Beh.
• The exact nature of the claim isn’t detailed in this short announcement (Bursa usually keeps it summarized), but since it’s categorized as Material Litigation, it means the potential impact could be financially or operationally significant to VSIB.
• A court hearing for oral submissions is scheduled on 29 September 2025. That’s the next milestone.