ASIA COMMERCIAL FINANCE (M) BHD V EQUATORIAL PROPERTIES SDN BHD
- Citation
- ASIA COMMERCIAL FINANCE (M) BHD V EQUATORIAL PROPERTIES SDN BHD
- Court
- Malaysian court
Plaintiff proved entitlement to the updated judgment sum after deducting proceeds of sale; bank ledger and notices were admissible under s73A; interest was properly charged on monthly rests in accordance with the letter of offer (3% above BLR, with additional 3% penalty on late payment); the claim was not premature and the notice of demand was valid; challenges to reserve price were final where no appeal was taken. Accordingly judgment was entered for the Plaintiff in the updated amount RM1,119,140.47 as at 15 August 1997 and costs were awarded to the Plaintiff.