1. ) HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD 2. ) HYUNDAI ENGINEERING CO., LTD 3. ) HYUNDAI ENGINEERING MALAYSIA SDN. BHD,. v 1. ) EDRA ENERGY SDN. BHD. 2. ) BNP PARIBAS MALAYSIA BERHAD 3. ) HSBC BANK MALAYSIA BERHAD

wa-24c-111-06-2025 High Court (Mahkamah Tinggi) 16 November 2025 • WA-24C-111-06/2025

Catchwords

This Originating Summons concerns whether Edra’s call on Hyundai Engineering’s security bonds was unconscionable under sections 41–53 of the Specific Relief Act 1950 and clause 5.6 of the EPC Contract. The High Court held that Edra’s call on the Final Completion Bonds was invalid for failing to comply with the contractual prerequisite in clause 5.6(1)(e), but the call on the Warranty Bond was valid as no such notice was required. The key legal issue was whether the calls breached contractual conditions and met the threshold of unconscionability.

Practice Areas

Remedies Civil Procedure

Judges (1)

Azlan bin Sulaiman Delivered

Parties (6)

BNP PARIBAS MALAYSIA BERHAD Respondent EDRA ENERGY Sdn Bhd Respondent HSBC BANK MALAYSIA BERHAD Respondent HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD Applicant HYUNDAI ENGINEERING CO., LTD Applicant HYUNDAI ENGINEERING MALAYSIA Sdn Bhd Applicant

Judgment

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Source: eJudgment (wa-24c-111-06-2025)