Maju Holdings faces winding-up after court rejects judicial management
Bridgex had claimed unpaid debts amounting to close to RM68 million.
Bridgex had claimed unpaid debts amounting to close to RM68 million.
The High Court on Monday (Nov 17) instructed the government and Semantan Estate (1952) Sdn Bhd to update the court on how the assessment for the payment of compensation/damages will take place following the illegal acquisition of the "Duta enclave" land in 1956.
Semantan Estate (1952) Sdn Bhd may consider filing for a review of Thursday’s Federal Court decision, which rejected its appeal for the physical recovery of the ‘Duta Enclave’ land and the transfer of the registration of the title to the company.
Semantan Estate (1952) Sdn Bhd has lost its appeal over the Court of Appeal decision on June 24, upholding a ruling that prevents its registration of the prime "Duta Enclave" land currently owned by the government and the physical handover of the land to the company.
A decades-long legal battle over unlawful government land acquisition must be resolved by the Federal Court as it directly impacts citizens' constitutional right to property, senior counsel Datuk Dr Cyrus Das argued before the apex court on Thursday.
Ilham Tower at the centre of the case is a 58-storey iconic building in Kuala Lumpur city centre and owned by the late former finance minister Tun Daim Zainuddin’s family with his wife Toh Puan Na’imah Abdul Khalid.
A company that had in February this year obtained a summary judgment against Bina Puri Holdings Bhd (KL:BPURI) for owing it RM28.1 million, has filed a winding-up petition over the unpaid debt.
Semantan Estate (1952) Sdn Bhd's request for an enlarged panel of more than five judges to hear its motion for leave to appeal its case has been dismissed by the Federal Court.
Ilham Tower Sdn Bhd and Ilham Baru Sdn Bhd that operate the iconic 60-storey Ilham Tower, located on prime land in the city centre, have filed an originating summons (OS) to bar its company secretary from sharing information about the companies with the Malaysian Anti-Corruption Commission (MACC).
A three-member Court of Appeal bench has dismissed a motion by former operators of the iconic KL Tower—Hydroshoppe Sdn Bhd and Menara Kuala Lumpur Sdn Bhd—for the court to grant permission to institute contempt proceedings against Communications Minister Datuk Fahmi Fadzil, the government, and three companies that took over the operation of the tower.