Shahriman denies undermining Sapura’s efforts to save office tower project
Sapura Holdings Sdn Bhd (SHSB) director Shahriman Shamsuddin on Friday denied undermining negotiations to resolve Sapura Resources Berhad’s (SRB) financial obligations to its joint venture partner over the construction of Sapura Permata, claiming SRB would not benefit from staying in the project.
Cross-examined by lawyer S Rabindra, Shahriman agreed that elder brother Shahril had been appointed on April 13, 2023 by the SRB board led by chairman Ahmad Jauhari Yahya to negotiate directly with KLCC Holdings Sdn Bhd (KLCCH) regarding Project Apex, referring to the development of the group’s 52-storey office tower.
Rabindra: So, the deadline (set by KLCCH) for SRB to revert (on its settlement proposal) was April 17, 2023, at noon. Is that right?
Shahriman: Yes.
In his petition, Shahriman said that he…
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