21 Feb 2020
SCOMI GROUP BHD (Company No.: 571212-A) 1. TAN SRI NIK AWANG @ WAN AZMI BIN WAN HAMZAH (NRIC No.: 500130-03-5377) 2. MALAYSIAN TRUSTEE BERHAD (Company No.: 21666-V)
- Citation
- WA-22NCC-75-02/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-75-02/2020 (Mahkamah Tinggi)
Applications dismissed because applicant failed to establish a bona fide serious issue: clause 7 of the Loan Agreements estopped Scomi from invoking the Moneylenders Act presumption and evidence showed transactions were shareholder rescue funding not moneylending; Scomi acted without bona fide and in pari delicto (unclean hands); mandatory injunction relief not justified; damages are an adequate, easily quantifiable remedy and balance of convenience favors defendants.