KOTA KINABALU: Debt-ridden Sabah Forest Industries Sdn Bhd (SFI) failed in its bid to overturn a winding-up order made against it by the High Court in 2021.
The Court of Appeal on Wednesday (Sept 10) in a unanimous ruling struck out SFI’s appeal with costs following a preliminary objection raised by Sabah Development Bank Bhd (SDB).
