UNITED PAULOWNIA PLANTATION SDN BHD v FGP VENTURES SDN BHD PIHAK KETIGA GREEN AFFORESTATION INTERNATIONAL NETWORK SDN BHD (DEF KE2 T.BALAS)
wa-22ncvc-326-05-2025 High Court (Mahkamah Tinggi) 5 January 2026 • WA-22NCvC-326-05/2025 • 2 min read
Catchwords
FGP Ventures Sdn Bhd's summary judgment application for RM17,640,000 in agreed liquidated damages under timber plantation Joint Venture Agreements was dismissed. The court identified multiple triable issues: whether the RM82 per tree Fixed Return was unconditionally payable after 40 months or contingent on tree harvesting; uncontested evidence of tree immaturity; whether the agreements constituted illegal moneylending; force majeure claims for landslides; the nature of defendants' correspondence as debt admissions; and ambiguity in Green Afforestation International Network Sdn Bhd's liability. These substantial disputes required a full trial with viva voce evidence and could not be determined summarily. Summary judgment; joint venture; fixed return; contractual interpretation; triable issues; force majeure; illegal moneylending; liquidated damages
Judges (1)
Case Significance
UNITED PAULOWNIA PLANTATION SDN BHD v FGP VENTURES SDN BHD PIHAK KETIGA GREEN... is a High Court (Mahkamah Tinggi) decision dated January 5, 2026 (citation: wa-22ncvc-326-05-2025). The case was decided by Arziah binti Mohamed Apandi.
Key issues: Summary judgment; joint venture; fixed return; contractual interpretation; triable issues; force majeure; illegal moneylending; liquidated damages.
What was the outcome of UNITED PAULOWNIA PLANTATION SDN BHD v FGP VENTURES SDN BHD PIHAK KETIGA GREEN...?
UNITED PAULOWNIA PLANTATION SDN BHD v FGP VENTURES SDN BHD PIHAK KETIGA GREEN... is a High Court decision dated January 5, 2026. The case was heard by Arziah binti Mohamed Apandi. See the full judgment for details.
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22ncvc-326-05-2025)