News by Timothy Achariam

Some 177 purchasers of Puncak 7 Residences, located in Shah Alam, Selangor, representing 142 units, received their payment of RM2.26 million for major defects to their property at a handover of cheque ceremony at Plaza Masalam Shah Alam over the weekend.

Both SMPP and GBG allege that the defendants caused them losses and damaged their reputations during the project's implementation.

In a landmark decision, the High Court on Thursday ruled that developers who deliver vacant possession of a property without allowing the owners to occupy it is against public policy and goes against the purpose of the vacant possession.

A three-member bench comprising Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli, Datuk Zabariah Mohd Yusof and Datuk Vazeer Alam Mydin unanimously granted leave to the buyers on Monday, based on three questions of law that they posed to the bench.

While Symphony Life Bhd’s former group chief financial officer Ng Ying Yiing was charged on Tuesday for using company funds to purchase shares in Cycle and Carriage Bintang Bhd (CCB) without board approval, the Industrial Court last week separately awarded her RM792,000 in back wages and had seemingly absolved her of wrongdoing in its judgment.

Symphony Life Bhd’s former chief financial officer Ng Ying Yiing and former group adviser Datuk David Goh were charged at the Sessions Court in Shah Alam for using RM2.57 million in company funds to purchase shares in Cycle and Carriage Bintang Bhd (CCB), without board approval.

The High Court on Thursday dismissed 31 appeals by Projek Muara Sdn Bhd, the proprietor of Empire Remix, a mixed-use development in Subang Jaya, Selangor, to be struck out as a party in the claim filed by 31 purchasers, and ordered the case to proceed to full trial at the Sessions Court.

The High Court here has allowed a discovery application by the Federal Land Development Authority (Felda) and Felda Investment Corporation Sdn Bhd (FIC) to obtain two classified documents in their suit against Synergy Promenade Sdn Bhd regarding vacant possession of the Jalan Semarak land.

A lawyer who was detained by the Malaysian Anti-Corruption Commission (MACC) last week has come out to say that the graft buster did not tell him that he was being investigated for embezzlement and abuse of power.

Lawyer Lai Chee Hoe said the MACC had raided his office on June 4 to investigate his firm, which acted as lawyers in a strata management dispute for one of the parties in court.