• Teamplex sought summary judgment for RM 370,700 against Ocean Vantage Holdings’ subsidiary OVE on October 21, 2026, seeking interest and indemnity costs.
• Gawang Machinery filed a RM 129,423.98 claim against the parent, OVE and Stellar Star Engineering & Construction over machinery-hire services.
• The claim principally concerns RM 120,767.19 allegedly owed by Stellar Star for the Bintulu Additional Gas Sales Facilities-2 project.
• OVE received the lawsuit on October 22, 2026; external counsel has been appointed to contest it, while Teamplex’s application remains under review.
• Neither claim has been adjudicated; the group reported no immediate financial or operational impact beyond legal costs and time defending the claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Vantage Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3718679) on October 26, 2026, and is solely responsible for the information contained therein.