22 Aug 2025
PENANG PORT SDN BHD 1. ) PRASARANA MALAYSIA BERHAD 2. ) RAPID FERRY SDN BHD
- Citation
- WA-22NCvC-587-08/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCvC-587-08/2021 (Mahkamah Tinggi)
Clause 4 of the BPA provided compensation conditional on Prasarana's continued, long-term assumption of the ferry operations; Prasarana abandoned the business and executed the ARSPA which substituted the BPA (extinguishing the original entitlement); acceptance of payments was without prejudice and did not admit liability. Therefore Prasarana was not entitled to the RM30,000,000 under Clause 4 and the counterclaim fails.