HONG SENG Consolidated Bhd (HSCB) said it received a legal notice from the Hong Seng Group of Companies, led by Dato Seri Teoh Hai Hin, demanding that the company cease using the “Hong Seng” name and “HS” trademark.

This notice comes despite HSCB having previously received consent from Teoh Hai Hin to use these trademarks. Teoh serves as HSCB’s executive chairman and managing director.

“The consent for the company to use the name ‘Hong Seng’ or ‘HS’ and ‘HS’ trademark was also granted by Dato Seri Teoh Hai Hin,” HSCB stated in a bourse filing today.

In response, HSCB’s board reassured stakeholders, stating, “We do not foresee any material financial and operational impact arising from the said notice received by the Company.”

The company is currently seeking legal advice on the matter and will provide further updates if any significant developments arise. — TMR