Writing Off RM74 million using a 50-inch TV

Is the 50-inch twice the size of a 25-inch?
How did we use this simple concept to Write off and SAVE our clients RM 74 million (approx 17 million USD)?
When I first met one of the defendants (the ones being sued) Mr Saifu and his family after the court found him liable to pay RM74 million as damages, I told myself, I can help this gentleman and his family. Little did I know that, that promise to Read More…

How a Guarantor Failed to Use A Police Report to Dispute his Signature

CCM Chemicals Sdn Bhd v Wan Muhammad Ibrisam Wan Ibrahim
Versi Bahasa Malaysia
Facts
This is a commentary on the case of CCM Chemicals Sdn Bhd v Wan Muhammad Ibrisam Wan Ibrahim as decided in the High Court of Malaya. The salient facts are; the Defendant, who is a Guarantor, had executed a guarantee and indemnity agreement with the Plaintiff for a Company named Ace Polymers Industries Bhd. The guaRead More…

Fortuna Injunction PECD v Freehold Point Commentary by Eldarius Yong

Fortuna Injunction PECD v Freehold Point [2008] 3 CLJ 215, Commentary by Eldarius Yong This is a case whereby the Plaintiff seeks a Fortuna Injunction to restrain the Defendant’s winding-up petition. The case involves PEDC Construction SDN BHD as the Plaintiff against Freehold Point SDN BHD as the Defendant [2008] 3 CLJ 2015. The Plaintiff is at all times a developer who ordered goods on behaRead More…