LSH Capital says former KL Tower operator’s lawsuit ‘without merit’, followed procurement process
"Our appointment was based on a legitimate government-led procurement process.
"Our appointment was based on a legitimate government-led procurement process.
The former operator of KL Tower — Menara Kuala Lumpur Sdn Bhd — and its parent Hydroshoppe Sdn Bhd are alleging contractual breaches and misconduct that led to the award of the concession to LSH Service Master.
High Court judge Datuk Amarjeet Singh also instructed the state government to provide the residents with the detailed design and alignment of the highway project, and instructed that all of these be disclosed in 30 days.
Should the settlement agreement be accepted by the commission, reports out of the US put it as the second largest fine imposed in Nevada’s gaming history.
Taghill Holdings said that apart from the unpaid claim, the matter is not expected to have a material financial or operational impact on the group.
Judge Datuk Amarjeet Singh Serjit Singh dismissed the judicial review application and ordered the residents to pay costs.
At the same time, the three-member bench, led by Datuk Lee Swee Seng, will also deliver its decision on a cross-appeal by Semantan Estate over an earlier High Court decision in 2021, to not allow the transfer of the land to the company, owing to the presence of the government buildings there.
Deputy chairman Datuk Seri Mahmud Abu Bekir Taib filed the suit at the High Court in Kuching.
The purchasers, which include co-owners, received RM15,922 for each unit from the proceeds, which was 2.
Senior counsel Datuk Dr Cyrus Das, representing Semantan Estate, said that if the court were not able to enforce its own order, then there would arise great doubt on the upholding the rule of law on the government, the country, and its citizens.