Court dismisses Petros' challenge of PETRONAS call on RM7.95mil bank guarantee | TheStarTV.com

Court dismisses Petros' challenge of PETRONAS call on RM7.95mil bank guarantee

Published on 25 Feb 2026 4:44:36 PM

The High Court in Kuching has ruled that PETRONAS' call on a RM7.95mil bank guarantee in relation to gas supply to Petroleum Sarawak Bhd (Petros) was valid and not unconscionable or unlawful.

Justice Faridz Gohim Abdullah said the bank guarantee was validly called and invoked in accordance with its terms.

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news, thestartv, the star, petronas, petros, bank guarantee, gas, supply, court, kuching

The High Court in Kuching has ruled that PETRONAS' call on a RM7.95mil bank guarantee in relation to gas supply to Petroleum Sarawak Bhd (Petros) was valid and not unconscionable or unlawful.

Justice Faridz Gohim Abdullah said the bank guarantee was validly called and invoked in accordance with its terms.

Read more at https://tinyurl.com/3tk65tet

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, petronas, petros, bank guarantee, gas, supply, court, kuching

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