Court allows Indian Corridor’s appeal

PETALING JAYA: The Court of Appeal has allowed Indian Corridor Sdn Bhd and Pembangunan Qualicare Sdn Bhd’s bid against a High Court decision that ruled against their plan to hold an EGM to remove several Golden Plus Holdings Bhd (GPlus) directors in January this year. 

GPlus told Bursa Malaysia on Friday the Court of Appeal had allowed the bid made by Indian Corridor and Pembangunan Qualicare and details of the order “will be announced on Monday or at a date when the order is forwarded to the company.”