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FGP VENTURES Sdn Bhd
Organisation 2 cases
About FGP VENTURES Sdn Bhd
FGP VENTURES Sdn Bhd appears as a party in 2 judgments in the MY Case Law database, spanning September 2025 to January 2026. FGP VENTURES Sdn Bhd appeared as defendant in 1 case, respondent in 1 case. Cases span the High Court (2).
How many court cases involve FGP VENTURES Sdn Bhd?
FGP VENTURES Sdn Bhd appears in 2 published judgments from September 2025 to January 2026. Most commonly as defendant (1 cases).
Practice Areas
FGP Ventures Sdn Bhd's summary judgment application for RM17,640,000 in agreed liquidated damages under timber plantation Joint Venture Agreements was dismissed. The court identified multiple triable issues: whether the RM82 per tree Fixed Return was unconditionally payable after 40 months or contingent on tree harvesting; uncontested evidence of tree immaturity; whether the agreements constituted illegal moneylending; force majeure claims for landslides; the nature of defendants' correspondence as debt admissions; and ambiguity in Green Afforestation International Network Sdn Bhd's liability. These substantial disputes required a full trial with viva voce evidence and could not be determined summarily. 1 Summary judgment; joint venture; fixed return; contractual interpretation; triable issues; force majeure; illegal moneylending; liquidated damages 1 Fortuna injunction application pending disposal of a civil suit which was premised on the same ground 1