19 Apr 2024
UNITED OVERSEAS BANK (MALAYSIA) BHD. 1. ) PREMIUM PLAZA SDN. BHD. 2. ) PANG YEE HONG (FANG YIFENG) 3. ) DARREN LOW JUN JIE 4. ) ONG AH CHOO
- Citation
- WA-22NCC-925-12/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-925-12/2023 (Mahkamah Tinggi)
On the affidavits and contract documents the court found no bona fide triable issues: the Facility Agreement and Letter of Offer permitted the prescribed default interest and notice was given; correspondence admitted liability and was not protected by without prejudice privilege; Debenture, Facility Agreement and Guarantee expressly preserved cumulative and concurrent remedies so Plaintiff was not obliged to first realise security before suing guarantors; allegations of undue influence were unparticularised and unsupported. Summary judgment was therefore appropriate in favour of Plaintiff for…