WIJADI RESOURCES SDN BHD v 1. ) MEGA SYSTEM (M) SDN BHD 2. ) SELANGOR INDUSTRIAL CORPORATION SDN BHD 3. ) Perbadanan Kemajuan Negeri Selangor (PKNS) 4. ) DATUK ZAKARIA BIN MUHD
17 cases cited
(0 SG, 17 foreign)
Catchwords
Keywords: Contract — Joint venture — Agreement to undertake construction project — Plaintiff responsible for 90% of works and financing — Clauses 6.6 and 7.3 of joint venture agreement — Obligation to provide performance bond and manage project cash flow — Breach by both parties — Plaintiff stopped work citing non-payment — Defendant failed to disburse sums received from financier — Whether stop work justified — Interpretation of express contractual terms — Contracts Act 1950, s. 74 Misrepresentation — Alleged fraudulent misrepresentation — Undertaking letter promising refund of performance bond — Whether representation concerned future intention or present fact — No inducement or false statement proven — Plaintiff failed to establish fraudulent intent under common law or section 18 Contracts Act — Misrepresentation claim dismissed — Contracts Act 1950, s. 18 Company Law — Corporate veil — Allegation of fraudulent misrepresentation by director — Whether corporate veil should be lifted to impose personal liability on director of contracting company — Whether separate legal personality used to shield from contractual liability — No evidence of actual fraud or unconscionable conduct — Failure to meet legal threshold to lift veil — Companies Act 2016 Damages — Breach of joint venture terms — Non-payment of RM1,053,903.23 performance bond refund and RM159,769.00 project disbursement — Plaintiff’s claim reduced for RM50,000 advance and RM500,000 paid to subcontractor — No recovery for forfeited second performance bond — Plaintiff failed to prove unjust enrichment or quantifiable loss beyond agreed allocation — Losses apportioned per contractual 90:10 profit-sharing ratio — Contracts Act 1950, s. 74
Practice Areas
Judges (1)
Counsel (5)
Statutes Cited
Contracts Act 1950 (Cap 136)
Cases Cited (17)
MY (17)
[1992] 3 CLJ 1437 [1995] 1 CLJ 15 [2003] 3 CLJ 227 [2005] 3 CLJ 355 [2006] 3 CLJ 770 [2010] 1 CLJ 269 [2010] 1 CLJ 381 [2014] 3 CLJ 73 [2014] 6 CLJ 269 [2015] 2 CLJ 453 [2016] 2 CLJ 414 [2017] 7 CLJ 53 [2018] 2 CLJ 163 [2021] 10 CLJ 206 [2021] 4 CLJ 821 [2021] 8 CLJ 952 [2024] MLJU 1341
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22ncc-623-08-2023)