News about legal

LSH Capital said it respects the former operator's right to appeal, and that the company is confident in the judicial process and the legitimacy of its position as a concessionaire.

Semantan Estate, which has gone under voluntary liquidation, is seeking a stay of the appellate court’s June 24 decision, which specified that the High Court is to assess the compensation to be paid by the government over the illegal acquisition of land, based on the 1956 market rate with 6% annual interest until payment.

Judge Datuk Ahmad Shahrir Mohd Salleh ruled on July 22 that the court had found no contractual relationship between the parcel owners and the directors.

The purchasers argue that Wize Platinum and Pujian Development have breached Section 8 of the Strata Title Act, which states the developer is required to apply for the strata titles within six months from the issuance of the certificate of completion and compliance.

The JMB filed the suit against the developer in March 2020 after repeated requests for rectification of defects in the common property went unaddressed.

The clauses ban the hotels from offering rooms on their websites at a lower rate and are seen by them as illegal.

In his 66-page ruling released Tuesday (July 22), Justice Datuk Lee Swee Seng stated the decision favoring the government was straightforward, citing the broader need to shield public entities from litigation that could impede governance.

In her supporting affidavit, Na’imah, among others, claimed that MACC’s second attempt to seize the tower—worth between RM1 billion and RM1.

Datuk Rhodzariah Bujang, leading a three-judge panel together with Datuk Abu Bakar Jais and Datuk Lee Swee Seng, said they need more time to study the submissions and will inform the parties of a date for a decision in due course.

The anti-graft agency said in a statement on Friday that the notices—issued on July 10—are “for the purpose of tracing and verifying asset ownership”.