BANK PEMBANGUNAN MALAYSIA BERHAD v 1. ) EPIC INDUSTRI (M) SDN BHD 2. ) SAIDI BIN AB RAHIM 3. ) MUHAMMAD SYAFIQ ISYRAF BIN SAIDI

wa-22ncc-812-11-2025 High Court (Mahkamah Tinggi) 14 April 2026 • WA-22NCC-812-11/2025 • 11 min read

6 cases cited (0 SG, 6 foreign)

Catchwords

Summary judgment — Order 14 Rule 1 Rules of Court 2012 — prima facie case — bona fide triable issue — plain and obvious case — banking facility — ship financing — vessel mortgage — statutory mortgage — admiralty in rem proceedings — judicial sale — sale proceeds — maritime priorities — Sheriff's commission — Sheriff's costs and expenses — mortgagee claim — conclusive evidence clause — certificate of indebtedness — Statement of Account — manifest error — fraud exception — bare denial — afterthought — adverse inference — letter of demand — notice of default — debt restructuring proposal — waiver of interest — admission by conduct — guarantor liability — joint and several liability — principal debtor — irrevocable guarantee — co-extensive liability — independent defence — non est factum — discharge of guarantor — variation without consent — balance of probabilities — burden of proof — evidential burden — section 24 Courts of Judicature Act 1964 — Order 14 Rules of Court 2012.

Judges (1)

Mohamad Redzuan bin Idrus Delivered

Counsel (5)

Haniff Khatri Firm Skrine Firm Nurul Huda binti Razali Counsel Defendant Ratha a/p Govindasamay Counsel Plaintiff Siva Darshen a/l Sevandran Counsel Plaintiff

Parties (4)

Bank Pembangunan Malaysia Berhad Plaintiff EPIC INDUSTRI Sdn Bhd Defendant Muhammad Syafiq Isyraf bin Saidi Defendant Saidi bin Ab Rahim Defendant

Statutes Cited

Courts of Judicature Act 1964 (Cap 91)

Rules of Court 2012

Cases Cited (6)

UK (1)

[1947] 2 All ER 372

MY (5)

[1979] 1 MLJ 233 [1984] 2 MLJ 300 [1998] 1 CLJ 1045 [2006] 2 MLJ 685 [2015] 2 CLJ 453

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-22ncc-812-11-2025)