10 Oct 2025
Meridian Diversified (M) Sdn Bhd Export-Import Bank of Malaysia Berhad
- Citation
- WA-22NCvC-519-08/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCvC-519-08/2020 (Mahkamah Tinggi)
Clause 16.3, read in the context of the Agreement and against the express termination provisions in Section 16, requires mutual termination and cannot be exercised unilaterally to negate the remedial regime in Section 16.1; the Defendant's unilateral termination was wrongful; Plaintiff proved about 90% performance and is entitled to compensation for work done equating to RM7,550,470.00 plus interest and costs.