28 Jul 2025
KENANGA INVESTORS BERHAD 1. ) ZULRAFQ CAPITAL SDN BHD 2. ) TAN SRI ZULHASNAN BIN RAFIQUE PIHAK TERKILAN 1. ) DATUK WIRA ISMITZ MATTHEW 2. ) MUHAMMAD TAQIUDDIN HALIM
- Citation
- WA-22NCC-489-07/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-489-07/2023 (Mahkamah Tinggi)
Where contractual terms are clear and material dates undisputed, the court will construe the contract: Clause 2.2's ten business day notice is mandatory (condition precedent); Plaintiff's notice of 2.5.2023 failed this condition and thus the Put Option was not validly exercised during the Put Option Period, causing automatic termination under Clause 2.5; these issues were suitable for determination under Order 14A and disposed the Plaintiff’s claim.