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Latest news with #HartalegaNGCSdnBhd

Hartalega subsidiary gets RM101.36mil additional tax bill
Hartalega subsidiary gets RM101.36mil additional tax bill

New Straits Times

time5 days ago

  • Business
  • New Straits Times

Hartalega subsidiary gets RM101.36mil additional tax bill

KUALA LUMPUR: Hartalega Holdings Bhd's wholly owned subsidiary, Hartalega NGC Sdn Bhd, has received a notice of additional assessment amounting to RM101.36 million from the Inland Revenue Board (LHDN) for the assessment years from 2017 to 2022. The company said in a filing with Bursa Malaysia today that the notice, received on Aug 4, 2025, comprises additional tax assessments of RM13.92 million for 2017, RM36.35 million for 2018, RM10,695 for 2019, RM32.89 million for 2020, RM18.10 million for 2021 and RM90,625 for 2022. "The company is currently seeking legal advice and evaluating its legal options, which may include initiating a formal appeal to the LHDN," Hartalega said. It added that further announcements will be made as and when there are material developments. "The announcement was made in compliance with Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities," it said.

Hartalega faces RM101.4mil tax bill for 2017-2022
Hartalega faces RM101.4mil tax bill for 2017-2022

The Star

time5 days ago

  • Business
  • The Star

Hartalega faces RM101.4mil tax bill for 2017-2022

KUALA LUMPUR: Hartalega Holdings Bhd 's wholly-owned subsidiary, Hartalega NGC Sdn Bhd, has received a Notice of Additional Assessments totalling RM101.36mil from the Inland Revenue Board (IRB) for the years of assessment from 2017 to 2022. In a filing with Bursa Malaysia, the glovemaker said the assessments, dated Aug 4, 2025, comprised RM13.92mil for 2017, RM36.35mil for 2018, RM10,695 for 2019, RM32.89mil for 2020, RM18.10mil for 2021, and RM90,625 for 2022. 'The company is currently seeking legal advice and evaluating its legal options, which may include initiating a formal appeal to the IRB,' Hartalega said.

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