AFFIN BANK BERHAD v 1. ) IHAA CAPITAL SDN. BHD. (Dahulunya dikenali sebagai IHAA Holding Sdn. Bhd.) 2. ) LIM PHECK JOO 3. ) GREGORY AMOS YOON PENG SUM 4. ) WAN NASIR BIN WAN MUSTAPHA PENCELAH EVERSHINE IMPEX SDN BHD

wa-22ncc-562-08-2024 High Court (Mahkamah Tinggi) 19 January 2025 • WA-22NCC-562-08/2024

Catchwords

Order 14 Rule 1, Rules of Court 2012 – Summary Judgment Application – Recovery of debt under financing facility against the borrower and guarantor - Whether defendants raised triable issues to merit going for trial - admission of the Defendants means Defendants are estopped from denying their knowledge of the Charge, the Security Agreement, the Additional Letter of Offer & Additional Letter of Offer 2 – no issues have been raised concerning the authenticity of the signatures – Defendant’s denial constitutes bare denial - the proof of posting of the Notices was duly exhibited - the Certificate of Indebtedness issued by the Plaintiff constitutes conclusive evidence – No Triable issues - Summary Judgment granted.

Practice Areas

Order 14 Rule 1, Rules of Court 2012

Judges (1)

Quay Chew Soon Delivered

Parties (6)

AFFIN BANK BERHAD Plaintiff EVERSHINE IMPEX Sdn Bhd Intervener IHAA CAPITAL Sdn Bhd Defendant Gregory Amos Yoon Peng Sum Defendant Lim Pheck Joo Defendant Wan Nasir bin Wan Mustapha Defendant

Case Significance

AFFIN BANK BERHAD v 1. ) IHAA CAPITAL SDN. BHD. (Dahulunya dikenali sebagai I... is a High Court (Mahkamah Tinggi) decision dated January 19, 2025 (citation: wa-22ncc-562-08-2024). The case was decided by Quay Chew Soon.

What was the outcome of AFFIN BANK BERHAD v 1. ) IHAA CAPITAL SDN. BHD. (Dahulunya dikenali sebagai I...?

AFFIN BANK BERHAD v 1. ) IHAA CAPITAL SDN. BHD. (Dahulunya dikenali sebagai I... is a High Court decision dated January 19, 2025. The case was heard by Quay Chew Soon. See the full judgment for details.