Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Minimum profit guarantee
  • 23 Apr 2025

    ASIA INTERGRAL RESOURCES SDN BHD DTN RESOURCES SDN BHD

    Citation
    BL-22NCC-17-11/2022 (Mahkamah Tinggi)
    Court
    High Court
    Case number
    BL-22NCC-17-11/2022 (Mahkamah Tinggi)

    P6 is a valid written mining operations agreement signed by the parties; Asia Integral failed on the balance of probabilities to prove that the RM950,000 was a loan or that processed ore had been sold so as to trigger broader entitlements; under P6 Asia Integral's recoverable operational/processing charges were limited and payable only upon sale proceeds and DTN was entitled to set off the RM800,000 deposit; DTN proved entitlement to minimum profit pro rata for three months (RM1,500,000) and to general damages for unreturned ore (RM877,938). Asia Integral's claims are dismissed with costs.