Aras Niaga Group sues Kedah State Secretary Inc for RM310m over alleged breach of land lease agreement

ALOR SETAR, March 31 — Aras Niaga Group Berhad is suing Kedah State Secretary Incorporated (SSI) for RM310 million for an alleged breach of a land lease agreement signed in...

No one should be allowed to use religious, racial sentiments to gain votes, popularity, says Sarawak church head in Easter messageAras Niaga Group Berhad is suing Kedah State Secretary Incorporated for RM310 million for an alleged breach of a land lease agreement signed in 2020. — Reuters picALOR SETAR, March 31 — Aras Niaga Group Berhad is suing Kedah State Secretary Incorporated for RM310 million for an alleged breach of a land lease agreement signed in 2020.

He said the claims against the defendants were filed on March 25, after Kedah SSI instructed Aras Niaga to return the 255-hectare land in Mukim Semeling, Kuala Muda, which had previously been leased legitimately.“The plaintiff is seeking damages amounting to RM300 million for breach of promise under the additional agreement, as well as compensation totalling RM10 million for the work carried out by the plaintiff in executing the project on the site,” he said at a press conference here today.

He noted that the company had invested significant capital to secure the site, undertaking thorough studies in the area before outlining the potential for iron ore mining operations, which could contribute to the state’s revenue generation.“Regrettably, after the presentation in March 2021, Kedah SSI no longer entertained our requests for mining licenses and allowed the status of this project to remain in limbo.

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