3 Jan 2022
IB BUILDERS SDN BHD 1. ) MISI ARMADA SDN BHD 2. ) TETUAN TEO & CHEW
- Citation
- DA-22NCC-1-02/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- DA-22NCC-1-02/2021 (Mahkamah Tinggi)
The court found as a matter of fact and contract interpretation that the sale price for the lands was RM20,000,000 as fixed by the Letter of Intent dated 7.10.2015 and that Clause 1.1(b's 'land costs' did not constitute the sale price. Documentary evidence of payments (court order payments, stakeholder disbursements and direct payments) established the Plaintiff had been paid the sale price (and in aggregate more than RM20,000,000). Therefore the Plaintiff's claim disclosed no reasonable cause of action and was 'plain and obvious' and was struck out under O.18 r.19.