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Business

Former Sime CEO moves to strike out charges

KUALA LUMPUR: The defence in the case of a former Sime Darby Bhd president and group CEO charged with two counts of criminal breach of trust for more than RM100mil would file an application to strike out the charges against him.

Business

High Court dismiss three applications to strike out statement of claim by Hop Hup Construction Bhd

PETALING JAYA: The High Court has dismissed the three applications by certain defendants to strike out statement of claim by Hop Hup Construction Bhd, with no order as to cost.

Business

Tony Pua to strike out Syabas suit

PETALING JAYA: Petaling Jaya Utara member of parliament Tony Pua has moved to strike out the defamation suit filed against him by Syarikat Bekalan Air Selangor Sdn Bhd (Syabas).

Corporate News

Glomac unit seeks to strike out RM154m suit

KUALA LUMPUR: Glomac Bhd's unit Glomac Alliance Sdn Bhd (GASB) has received an amended writ and amendement statement of claim from Score Option Sdn Bhd totalling RM154.80mil.

Business

Glomac unit applies to strike out RM154mil suit

PETALING JAYA: A unit of Glomac Bhd has received an amended writ and amendment statement of claim from Score Option Sdn Bhd in relation to a joint venture agreement between the two companies.

Business

Court of Appeal strikes out Crowe Horwarth’s suit against SC

KUALA LUMPUR: The Court of Appeal has allowed the Securities Commission’s (SC) application to strike out the suit filed by Crowe Horwath and two of its partners, Onn Kien Hoe and Lee Kok Wai.

Business

Halim Saad's legal move challenged

PETALING JAYA: The Government is seeking to strike out the controversial RM2bil suit that was filed by Tan Sri Halim Saad last April. The striking out application was filed on on July 8 and will heard by the High Court on Oct 31.

Business

Suit against MSWG struck out

PETALING JAYA: The Minority Shareholder Watchdog Group (MSWG) has succeeded in getting the Kuala Lumpur High Court to strike out the defamation suit brought against it by Datuk Ramesh Rajaratnam, the former executive director of Malaysian Merchant Marine Bhd (MMM).

Business

Protasco files application in court

PETALING JAYA: Protasco Bhd has filed an application to strike out proceedings initiated by Tey Por Yee in court.

Business

3Com makes its mark in enterprise market

NETWORKING specialist 3Com believes now is the time for it to strike out strongly in the enterprise market in Malaysia as the bigger corporations are keen to leverage the data in their back-end for increased operational efficiency, to create innovative businesses, and to deliver new services.