KAYANGAN KEMAS SDN BHD v 1. ) EXYTE MALAYSIA SDN BHD 2. ) AMBANK (M) BERHAD

wa-24ncc-57-01-2026 High Court (Mahkamah Tinggi) 26 April 2026 • WA-24NCC-57-01/2026 • 18 min read
5 cases cited (0 SG, 5 foreign)

Catchwords

CIVIL PROCEDURE: Injunction – Performance bond – Advance payment bond – Application to restrain call on bonds – Whether demand on on-demand guarantee may be restrained – Whether strong prima facie evidence of unconscionability established – Whether Defendant already highly secured – Minimal risk of loss – Whether claims inflated, inconsistent or speculative – Balance of convenience – Preservation of status quo pending arbitration - s.11 Arbitration Act 2005

Judges (1)

Elaine Yap Chin Gaik Delivered

Counsel (9)

Izral Partnership Firm Rahmat Lim & Partners Firm Shearn Delamore & Co. Firm Chong Yee Leong Counsel Plaintiff Esther Khor Hui Hui Counsel Defendant Jane Chan Counsel Defendant Lilian Saw Soh Zhen Ning Counsel Plaintiff Prem Sanghvi Counsel Defendant Rodney Gomez Counsel Defendant

Parties (3)

AMBANK BERHAD Respondent EXYTE MALAYSIA Sdn Bhd Respondent KAYANGAN KEMAS Sdn Bhd Applicant

Statutes Cited

Arbitration Act 2005 (Cap 646)
s 11 s 11(1)

Cases Cited (5)

MY (5)
[1989] 2 MLJ 70 [2011] 7 CLJ 442 [2014] 4 MLJ 1 [2019] 6 MLJ 15 [2022] 7 CLJ 211

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-24ncc-57-01-2026)