31 Jul 2023
PROPNEX REALTY SDN BHD SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BERHAD
- Citation
- WA-12BNCvC-25-02/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-12BNCvC-25-02/2023 (Mahkamah Tinggi)
No express written agency contract existed as required by Rule 92(1) VAEAR and the LOI was not executed, but the Appellant's actions were the effective cause of the sale; accordingly the Appellant is entitled to compensation on quantum meruit under Section 71 Contracts Act 1950; appeal partly allowed and costs awarded.