15 Jun 2022
1. ) DATO' KHOO CHEE HIONG 2. ) LEE THAI FOO 1. ) TH LADANG (SABAH & SARAWAK) SDN BHD 2. ) TH PLANTATIONS BERHAD
- Citation
- WA-24NCC-110-02/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-110-02/2022 (Mahkamah Tinggi)
The Letter of Offer constituted a binding contract because it set out essential terms (parties, shares, price, payment schedule, conditions precedent) and evidenced an intention to be bound; clause 5(a) unambiguously described the earnest deposit as non‑refundable, therefore the 1st defendant was entitled to retain the RM1,140,000 earnest deposit and the originating summons must be dismissed.