Country Heights unit Golden Horse Palace faces winding-up petition over industrial awards debt

• Country Heights: major subsidiary Golden Horse Palace served with a winding-up petition in Malaysia’s High Court at Shah Alam.
• Petition filed by Josita Ket Kang En @ Karlen, tied to unpaid sums under Industrial Court awards registered in the Sessions Court.
• No winding-up order in place; case management set for Oct. 21, 2026; hearing scheduled for Dec. 8, 2026.
• Interest accrues at RM 62.26 per day from Sept. 22, 2026; parent holds an 80.90% stake in the unit.
• Country Heights’ investment cost in Golden Horse Palace totals about RM 219 million; no immediate operational impact flagged at this stage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Country Heights Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3711432) on October 02, 2026, and is solely responsible for the information contained therein.