PROPNEX REALTY SDN BHD v SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BERHAD
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Judges (3)
Counsel (6)
Case Significance
PROPNEX REALTY SDN BHD v SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BE... is a Court of Appeal (Mahkamah Rayuan) decision dated August 18, 2025 (citation: w-04ncvcw-355-09-2023). <p>Propnex Realty claimed RM819,000 in estate agency fees for facilitating the sale of SME Bank's factory property in Sitiawan, Perak to Dynacare (an associate of George Kent). The Court of Appeal allowed Propnex's appeal, finding that a valid estate agency contract existed and Propnex was the effective cause of the sale, awarding the full 3% agency fee of RM819,000 but disallowing the SST claim.</p> The panel comprised Azimah binti Omar, Faizah binti Jamaludin and Mohd Nazlan bin Mohd Ghazali, with Faizah binti Jamaludin delivering the judgment. Counsel appearing: Abu Haziq bin Abu Talib (counsel for respondent), Amelda Md Din (counsel for respondent), Lai Yee Fan (counsel for appellant), Wong Yin Mei (counsel for appellant).
Summary
Propnex Realty claimed RM819,000 in estate agency fees for facilitating the sale of SME Bank's factory property in Sitiawan, Perak to Dynacare (an associate of George Kent). The Court of Appeal allowed Propnex's appeal, finding that a valid estate agency contract existed and Propnex was the effective cause of the sale, awarding the full 3% agency fee of RM819,000 but disallowing the SST claim.
What was the outcome of PROPNEX REALTY SDN BHD v SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BE...?
<p>Propnex Realty claimed RM819,000 in estate agency fees for facilitating the sale of SME Bank's factory property in Sitiawan, Perak to Dynacare (an ...