Malaysia Case Law: Decisions & Judgments

Topic

Option agreement

Legal area

Court

13 Sept 2024

SHRIDHAYA HOLDINGS SDN BHD (Dalam likuidasi) NATIONAL LAND FINANCE CO-OPERATIVE SOCIETY LIMITED

Citation

WA-22NCvC-809-11/2019 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCvC-809-11/2019 (Mahkamah Tinggi)

The subpoena was properly issued and should not be set aside because the Applicant is a relevant and material witness who executed the Acknowledgement and SPAs; the documents sought are identifiable, relevant to parties' conduct after the option period, not a fishing expedition and no oppression or privilege justified setting aside; application dismissed with costs RM5,000.
6 Oct 2023

SUNWAY HOLDINGS SDN BHD GERAK HARAPAN SDN BHD

Citation

BA-22NCvC-286-06/2018 (Mahkamah Tinggi)
Court

High Court
Case number

BA-22NCvC-286-06/2018 (Mahkamah Tinggi)

On the balance of probabilities the MMKN and Land Office decision to permanently halt extraction at the Cheras Quarry Land was final (effective 1.3.2017); Clause 37 and the Option Agreements survived the SPQ Restructure Agreement (Clause 37 expressly preserved exercisability notwithstanding cessation of shareholding and Option clause 3.2 preserved rights); 'Cessation Date' is to be given a business‑common‑sense meaning as the date when extraction is permanently halted by law or regulatory decision such that the grantor can no longer extract rock reserves; plaintiff validly exercised the optio…
6 Oct 2023

SUNWAY HOLDINGS SDN BHD HANSON QUARRY PRODUCTS SDN BHD (dahulunya dikenali sebagai Sungei Way Quarry Industries Sdn Bhd)

Citation

BA-22NCvC-486-11/2019 (Mahkamah Tinggi)
Court

High Court
Case number

BA-22NCvC-486-11/2019 (Mahkamah Tinggi)

On the balance of probabilities the court found the State/MMKN decision to permanently close quarry extraction at Cheras effective 1.3.2017 and final; Clause 37 and clause 3.2 preserved the Plaintiff's Options despite the Restructure Agreement; 'Cessation Date' includes permanent legal inability to extract rock reserves (physical and commercial inability); Plaintiff validly exercised the Options on 20.3.2017; Defendants' counterclaim dismissed.
28 Dec 2021

Poh Ban Chuan, Poh Jun Hon [T C CHONG & RAKAN RAKAN (KUALA LUMPUR)] Tan Yew Hong, Lee Shih En [J M CHONG VINCENT CHEE & CO.]

Citation

PA-12ANCC-8-06/2021 (Mahkamah Tinggi)
Court

High Court
Case number

PA-12ANCC-8-06/2021 (Mahkamah Tinggi)

The appeal was allowed because the defendant raised a genuine triable issue on the critical factual and legal point of service: the Pos Laju documentation produced did not satisfy the Option Agreement's requirement of 'prepaid registered post with recorded delivery' nor conclusively rebut the defendant's denial; therefore summary judgment was inappropriate and the matter must proceed to trial.
YEW AH BAH v YEANG KING MUN

Citation

YEW AH BAH v YEANG KING MUN
Court

Malaysian court

The court held that on the pleadings there was no binding contract because the option unambiguously required payment of the 10% deposit prior to formation of a binding contract and the plaintiff's statement of claim admitted the deposit would be paid upon execution of the sale agreement; factual disputes about whether the agent gave proper notice and about the deposit's payment and return are triable issues; non-disclosure of the draft sale agreement in the ex parte application was material and justified dissolving the interlocutory injunction; damages were an adequate remedy and the defendan…

Malaysia Case Law

SHRIDHAYA HOLDINGS SDN BHD (Dalam likuidasi) NATIONAL LAND FINANCE CO-OPERATIVE SOCIETY LIMITED

SUNWAY HOLDINGS SDN BHD GERAK HARAPAN SDN BHD

SUNWAY HOLDINGS SDN BHD HANSON QUARRY PRODUCTS SDN BHD (dahulunya dikenali sebagai Sungei Way Quarry Industries Sdn Bhd)

Poh Ban Chuan, Poh Jun Hon [T C CHONG & RAKAN RAKAN (KUALA LUMPUR)] Tan Yew Hong, Lee Shih En [J M CHONG VINCENT CHEE & CO.]

YEW AH BAH v YEANG KING MUN