21 Jun 2023
RUMAYA PROPERTIES SDN BHD 1. ) SEACERA DEVELOPMENT SDN BHD 2. ) ANTARA VISTA SDN BHD
- Citation
- B-02(IM)(NCvC)-556-03/2022 (Mahkamah Rayuan)
- Court
- IM
- Case number
- B-02(IM)(NCvC)-556-03/2022 (Mahkamah Rayuan)
The Court affirmed the High Court: damages are to be assessed by reference to the 18 medium‑cost Vista Damansara units (the subject matter of the original SPAs) valued as at the date the land was transferred (11.3.2008); the Consent Order was rendered academic by the apex court's refusal of specific performance and cannot dictate assessment; claims for LAD or loss of rental fail because specific performance was denied and actual delivery was impossible.