FEDERAL COURT GRANTS - 3

Ho Hup filed a suit in the Kuala Lumpur High Court against its former

directors and the directors of BJD and Pioneer Haven.

In June, last year, the High Court ruled that the JDA was invalid.

The High Court also held that Ho Hup''s previous board of directors had acted

in breach of its duties to Ho Hup by committing BJD to the JDA, and that Pioneer

had knowingly assisted in those breaches.

-- BERNAMA

JA MAM GR

Loading...

Comments on Yahoo! pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo! is not responsible or liable in any way for comments posted by its users. Yahoo! does not in any way endorse or support comments made by its users.