Court strikes out counterclaim by 5 ex-FGV directors | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Court strikes out counterclaim by 5 ex-FGV directors

On November 23, last year, FGV sued its former president and chief executive officer Mohd Emir Mavani Abdullah and 13 others for RM514 million and other damages. – The Malaysian Insight file pic, November 8, 2019.

THE Kuala Lumpur High Court today struck out a counterclaim filed by five former non-executive directors of FGV Holdings Bhd against the company and 10 others over alleged losses incurred in connection with its acquisition of Asia Plantation Ltd in 2014. Judge Azimah Omar made the decision after allowing an application by FGV and the 10 parties to strike out the counterclaim, which was jointly filed by Ismee Ismail, Wan Abdul Aziz Wan Abdullah, Sulaiman Mahbob, Nozirah Bahari and Fazlur Rahman Ebrahim.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

1MDB transferred US$1.83 billion to sham companies in 2009-2011, court hears | The Malaysian Insight1MDB transferred US$1.83 billion to sham companies in 2009-2011, court hears
Source: msianinsight - 🏆 8. / 63 Read more »

Brazil’s court ruling could free Lula | The Malaysian Insight6-5 decision to overturn ruling requiring convicted criminals to go to jail after losing their first appeal.
Source: msianinsight - 🏆 8. / 63 Read more »

Court sets date to hear A-G’s committal proceedings against Lokman Adam | The Malaysian InsightTommy Thomas accuses Umno Supreme Council member of attempting to intimidate 1MDB trial witness.
Source: msianinsight - 🏆 8. / 63 Read more »

Federal Court upholds death sentence for murder of student | The Malaysian InsightJudges dismiss argument fatal stab wounds were self-inflicted.
Source: msianinsight - 🏆 8. / 63 Read more »

All recipients of 1MDB money from Najib Razak account appear in court | The Malaysian InsightAll recipients of 1MDB money from Najib Razak account appear in court
Source: msianinsight - 🏆 8. / 63 Read more »

Tian Chua was eligible to contest GE14, court rules | The Malaysian InsightFormer Batu MP wins case against Election Commission, which rejected his nomination in national poll.
Source: msianinsight - 🏆 8. / 63 Read more »