1. ) 1MALAYSIA DEVELOPMENT BERHAD 2. ) IMBD ENERGY HOLDINGS LIMITED 3. ) 1MDB ENERGY LIMITED 4. ) 1MDB ENERGY (LANGAT) LIMITED 5. ) GLOBAL DIVERSIFIED INVESTMENT COMPANY LIMITED v 1. ) LOW TAEK JHO 2. ) TAN KIM LOONG 3. ) LOW HOCK PENG 4. ) LOW MAY LIN 5. ) LOW TAEK SZEN 6. ) GOH GAIK EWE BUKAN PIHAK-PIHAK BSI BANK LIMITED, SINGAPURA

wa-22ncvc-330-05-2021 High Court (Mahkamah Tinggi) 24 September 2025 • WA-22NCvC-330-05/2021

Catchwords

An appeal against the decision of this Court which dismissed the Plaintiffs’ application to set aside the Judgment in Default of Defence. Court found that there was no sufficient basis in law or on the facts to justify setting aside the JID entered against D1 and D3. Plaintiffs’ reasons insufficient to set aside the JID entered . Court must firstly determine if the JID was a regular or irregular one. The delay of nearly three years in bringing this application is wholly unexplained.

Practice Areas

An appeal against the decision of this Court which dismissed the Plaintiffs’ application to set aside the Judgment in Default of Defence. Court found that there was no sufficient basis in law or on the facts to justify setting aside the JID entered against D1 and D3. Plaintiffs’ reasons insufficient to set aside the JID entered . Court must firstly determine if the JID was a regular or irregular one. The delay of nearly three years in bringing this application is wholly unexplained.

Judges (1)

Mahazan binti Mat Taib Delivered

Parties (11)

1MALAYSIA DEVELOPMENT BERHAD Plaintiff 1MDB ENERGY LIMITED Plaintiff BSI BANK LIMITED, SINGAPURA Non Party GLOBAL DIVERSIFIED INVESTMENT COMPANY LIMITED Plaintiff IMBD ENERGY HOLDINGS LIMITED Plaintiff Goh Gaik Ewe Defendant Low Hock Peng Defendant Low May Lin Defendant Low Taek Jho Defendant Low Taek Szen Defendant Tan Kim Loong Defendant

Case Significance

1. ) 1MALAYSIA DEVELOPMENT BERHAD 2. ) IMBD ENERGY HOLDINGS LIMITED 3. ) 1MDB... is a High Court (Mahkamah Tinggi) decision dated September 24, 2025 (citation: wa-22ncvc-330-05-2021). The case was decided by Mahazan binti Mat Taib.

What was the outcome of 1. ) 1MALAYSIA DEVELOPMENT BERHAD 2. ) IMBD ENERGY HOLDINGS LIMITED 3. ) 1MDB...?

1. ) 1MALAYSIA DEVELOPMENT BERHAD 2. ) IMBD ENERGY HOLDINGS LIMITED 3. ) 1MDB... is a High Court decision dated September 24, 2025. The case was heard by Mahazan binti Mat Taib. See the full judgment for details.