Limited Liability Exposure: Although Aeronas has claimed a massive RM279.52 million in special damages (alongside general and exemplary damages), CEB’s legal counsel has assessed that the Group’s maximum potential liability is limited to approximately RM5 million.

CMM rejected the demand on 24 March 2026, noting that Aeronas had failed to complete its contractual milestones. CMM highlighted that despite multiple written requests, Aeronas failed to deliver verification on:

1. The official licensing of aircraft manufacturing technology.
2. Valid sales orders for 15 aircraft.
3. Firm, secured booking orders for aircraft valued at RM229 million.

CMM asserts that it discovered severe failures and misrepresentations by Aeronas:

1. Misuse of Property: The factory at Lot 103, meant to be an advanced assembly facility, was allegedly used primarily as a basic office and storage depot.
2. Unfinished Assets: The four aircraft shipped from the United States were never assembled or completed despite timelines lapsing.
3. Missing Labor: There was zero evidence that the represented US technical engineering teams had been mobilized to Malaysia, save for a single engineer identified as Son Bryant.

This update changes the market narrative around Cape EMS. By revealing that the actual maximum legal exposure is around RM5 million instead of the headline RM279.5 million, management has effectively insulated the core company balance sheet from an existential legal threat. CMM's proactive attempt to claw back RM15.05 million shifts the venture from an outright loss into a potential recovery play.