CREDIT GUARANTEE CORPORATION MALAYSIA BERHAD v 1. ) ETERNAL GLOBAL FRONTIER SDN BHD 2. ) AQUEKARAM BIN MOHD NASIR 3. ) HASSIMAH BINTI HASHIM

ba-22m-61-09-2018 High Court (Mahkamah Tinggi) 20 February 2025 • BA-22M-61-09/2018

Catchwords

Consolidated suits-1st Suit by credit company-for outstanding sums arising from finance facility-proceeds of contract with FGV assigned to credit company-2nd suit by borrower for damages arising from delay in disbursement of monies to suppliers-delay caused contracts awarded by FGV to be terminated-whether the time frame for payment of disbursement sums stipulated in the financing facility agreement-whether representations made by the officers of credit company prior to facility agreements, to disburse amounts within alleged time frame can be considered-clause on entire agreement-parol evidence rule-whether damages arising from delay proven on the evidence-Certificate of Indebtedness conclusive as to amount outstanding

Practice Areas

Consolidated suits-1st Suit by credit company-for outstanding sums arising from finance facility-proceeds of contract with FGV assigned to credit company-2nd suit by borrower for damages arising from delay in disbursement of monies to suppliers-delay caused contracts awarded by FGV to be terminated-whether the time frame for payment of disbursement sums stipulated in the financing facility agreement-whether representations made by the officers of credit company prior to facility agreements, to disburse amounts within alleged time frame can be considered-clause on entire agreement-parol evidence rule-whether damages arising from delay proven on the evidence-Certificate of Indebtedness conclusive as to amount outstanding

Judges (1)

Alice Loke Yee Ching Delivered

Parties (4)

CREDIT GUARANTEE CORPORATION MALAYSIA BERHAD Plaintiff ETERNAL GLOBAL FRONTIER Sdn Bhd Defendant Aquekaram bin Mohd Nasir Defendant Hassimah binti Hashim Defendant

Case Significance

CREDIT GUARANTEE CORPORATION MALAYSIA BERHAD v 1. ) ETERNAL GLOBAL FRONTIER S... is a High Court (Mahkamah Tinggi) decision dated February 20, 2025 (citation: ba-22m-61-09-2018). The case was decided by Alice Loke Yee Ching.

What was the outcome of CREDIT GUARANTEE CORPORATION MALAYSIA BERHAD v 1. ) ETERNAL GLOBAL FRONTIER S...?

CREDIT GUARANTEE CORPORATION MALAYSIA BERHAD v 1. ) ETERNAL GLOBAL FRONTIER S... is a High Court decision dated February 20, 2025. The case was heard by Alice Loke Yee Ching. See the full judgment for details.