Ex-Utusan workers demand liquidators settle RM18.9 million payment

A TOTAL of 160 former Utusan Melayu (Malaysia) Bhd (UMMB) workers who were involved in the voluntary separation scheme (VSS) exercise five years ago have demanded UHY Advisory to settle the remaining payment of RM18.9 million from trust properties that were liquidated.

In a letter of demand (LOD) dated March 3, which was sent via Messrs Azmi & Associates to Messrs Dennis Nik & Wong, who represented the company, stated that it demanded that the settlement payment amounting to RM18,880,296.11 be deposited into the account of Azmi & Associates.