1 Apr 2026
New Station 99 Sdn Bhd 1. ) Syarikat Perumahan Negara Berhad 2. ) Cosmic Master Development Sdn Bhd
- Citation
- JA-22NCC-44-05/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-22NCC-44-05/2021 (Mahkamah Tinggi)
D2 was lawfully appointed agent under a valid PA and acted within the authority conferred; D1 is therefore bound by D2's acts, including receipt of RM4,000,000, issuance of the Surat Akujanji and execution of the SPAs; payment of the full purchase price vested beneficial ownership in the Plaintiff making D1 the bare trustee; Plaintiff is entitled to specific performance and late delivery interest at 10% p.a. from 17 July 2015 until delivery.