Latest news with #Hydroshoppe
Malay Mail
2 days ago
- Business
- Malay Mail
‘No status quo to maintain': Court of Appeal rejects Hydroshoppe's bid to block KL Tower deal
PUTRAJAYA, May 31 — The Court of Appeal yesterday dismissed an appeal by the former operator of the Kuala Lumpur Tower and its subsidiary to obtain an ad interim injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. The decision was delivered by a three-member bench comprising Justices Datuk Collin Lawrence Sequerah, Datuk Dr Choo Kah Sing and Datuk Wan Ahmad Farid Wan Salleh. Justice Sequerah, who delivered the court's unanimous decision, said Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd failed to meet the legal threshold for the grant of an ad interim injunction. 'We are of the view that there is no status quo to maintain as the fifth supplementary agreement has lapsed on March 31, this year,' he said. Justice Sequerah ordered Hydroshoppe and Menara KL to pay legal costs totalling RM30,000 to the respondents. The respondents were the Ministry of Communications, its minister Datuk Fahmi Fadzil, the government, LSH Service Master Sdn Bhd, LSH Best Builders Sdn Bhd and Service Master (M) Sdn Bhd. The appeal was against the decision of the High Court in April, this year which had similarly dismissed the application for the ad interim injunction. Hydroshoppe and Menara KL had filed a breach of contract suit against the respondents, claiming that LSH and its units had induced a breach of contract that the companies (Hydroshoppe and Menara KL) had agreed to with the government in an August 2022 meeting. They claimed that LSH Capital and its units had committed dishonest assistance, and want the award of the KL Tower concession to LSH Service Master to be declared void and unlawful. They are also claiming an estimated RM1 billion in damages, and for the concession of the iconic Kuala Lumpur landmark building to be transferred back to them. The High Court will hear the inter parte injunction on June 9. It will also hear on June 5, an ex parte contempt application filed by the companies. In the proceedings before the Court of Appeal yesterday, lawyer Vinayak Sri Ram represented Hydroshoppe and Menara Kuala Lumpur, Senior Federal Counsel Ahmad Hanir Hambaly@Arwi for the Ministry of Communications, Fahmi and the government. Lawyer Datuk Malik Imtiaz Sarwar represented LSH Service Master, LSH Best Builders and Service Master. — Bernama
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
Former KL Tower concessionaire loses injunction appeal
The injunction application had been filed by Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd, the former concessionaires of the KL Tower. PUTRAJAYA : The former operator of the Kuala Lumpur Tower has failed to obtain an injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. A three-member bench of the Court of Appeal dismissed the application by Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd. Justice Collin Lawrence Sequerah, who delivered the court's unanimous decision, said the applicants failed to meet the legal threshold for the grant of an ad interim injunction. There was no status quo to maintain as the fifth supplementary agreement on the concession had lapsed on March 31, he said. Sequerah ordered Hydroshoppe and Menara KL to pay costs totalling RM30,000. The companies had appealed against a High Court decision in April, dismissing the application for the ad interim injunction. Hydroshoppe and Menara KL had sued the government for breach of contract, claiming that the LSH group had induced a breach of contract with the government. They asked the court to declare the award of the KL Tower concession to LSH Service Master as void and unlawful. They also sought an estimated RM1 billion in damages, and for the concession to be transferred back to them. The High Court will hear the companies' applications for two other injunctions on June 9.
The Sun
3 days ago
- Business
- The Sun
Appeals Court rejects Hydroshoppe, Menara KL injunction appeal
PUTRAJAYA: The Court of Appeal today dismissed an appeal by the former operator of the Kuala Lumpur Tower and its subsidiary to obtain an ad interim injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. The decision was delivered by a three-member bench comprising Justices Datuk Collin Lawrence Sequerah, Datuk Dr Choo Kah Sing and Datuk Wan Ahmad Farid Wan Salleh. Justice Sequerah, who delivered the court's unanimous decision, said Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd failed to meet the legal threshold for the grant of an ad interim injunction. 'We are of the view that there is no status quo to maintain as the fifth supplementary agreement has lapsed on March 31, this year,' he said. Justice Sequerah ordered Hydroshoppe and Menara KL to pay legal costs totalling RM30,000 to the respondents. The respondents were the Ministry of Communications, its minister Datuk Fahmi Fadzil, the government, LSH Service Master Sdn Bhd, LSH Best Builders Sdn Bhd and Service Master (M) Sdn Bhd. The appeal was against the decision of the High Court in April, this year which had similarly dismissed the application for the ad interim injunction. Hydroshoppe and Menara KL had filed a breach of contract suit against the respondents, claiming that LSH and its units had induced a breach of contract that the companies (Hydroshoppe and Menara KL) had agreed to with the government in an Aug 2022 meeting. They claimed that LSH Capital and its units had committed dishonest assistance, and want the award of the KL Tower concession to LSH Service Master to be declared void and unlawful. They are also claiming an estimated RM1 billion in damages, and for the concession of the iconic Kuala Lumpur landmark building to be transferred back to them. The High Court will hear the interparte injunction on June 9. It will also hear on June 5, an ex parte contempt application filed by the companies. In the proceedings before the Court of Appeal today, lawyer Vinayak Sri Ram represented Hydroshoppe and Menara Kuala Lumpur, Senior Federal Counsel Ahmad Hanir Hambaly@Arwi for the Ministry of Communications, Fahmi and the government. Lawyer Datuk Malik Imtiaz Sarwar represented LSH Service Master, LSH Best Builders and Service Master.
The Sun
3 days ago
- Business
- The Sun
Appeals Court dismisses appeal by Hydroshoppe, Menara KL for ad interim injunction
PUTRAJAYA: The Court of Appeal today dismissed an appeal by the former operator of the Kuala Lumpur Tower and its subsidiary to obtain an ad interim injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. The decision was delivered by a three-member bench comprising Justices Datuk Collin Lawrence Sequerah, Datuk Dr Choo Kah Sing and Datuk Wan Ahmad Farid Wan Salleh. Justice Sequerah, who delivered the court's unanimous decision, said Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd failed to meet the legal threshold for the grant of an ad interim injunction. 'We are of the view that there is no status quo to maintain as the fifth supplementary agreement has lapsed on March 31, this year,' he said. Justice Sequerah ordered Hydroshoppe and Menara KL to pay legal costs totalling RM30,000 to the respondents. The respondents were the Ministry of Communications, its minister Datuk Fahmi Fadzil, the government, LSH Service Master Sdn Bhd, LSH Best Builders Sdn Bhd and Service Master (M) Sdn Bhd. The appeal was against the decision of the High Court in April, this year which had similarly dismissed the application for the ad interim injunction. Hydroshoppe and Menara KL had filed a breach of contract suit against the respondents, claiming that LSH and its units had induced a breach of contract that the companies (Hydroshoppe and Menara KL) had agreed to with the government in an Aug 2022 meeting. They claimed that LSH Capital and its units had committed dishonest assistance, and want the award of the KL Tower concession to LSH Service Master to be declared void and unlawful. They are also claiming an estimated RM1 billion in damages, and for the concession of the iconic Kuala Lumpur landmark building to be transferred back to them. The High Court will hear the interparte injunction on June 9. It will also hear on June 5, an ex parte contempt application filed by the companies. In the proceedings before the Court of Appeal today, lawyer Vinayak Sri Ram represented Hydroshoppe and Menara Kuala Lumpur, Senior Federal Counsel Ahmad Hanir Hambaly@Arwi for the Ministry of Communications, Fahmi and the government. Lawyer Datuk Malik Imtiaz Sarwar represented LSH Service Master, LSH Best Builders and Service Master.
Barnama
3 days ago
- Business
- Barnama
Appeals Court Dismisses Appeal By Hydroshoppe, Menara KL For Ad Interim Injunction
PUTRAJAYA, May 30 (Bernama) -- The Court of Appeal today dismissed an appeal by the former operator of the Kuala Lumpur Tower and its subsidiary to obtain an ad interim injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. The decision was delivered by a three-member bench comprising Justices Datuk Collin Lawrence Sequerah, Datuk Dr Choo Kah Sing and Datuk Wan Ahmad Farid Wan Salleh. Justice Sequerah, who delivered the court's unanimous decision, said Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd failed to meet the legal threshold for the grant of an ad interim injunction. 'We are of the view that there is no status quo to maintain as the fifth supplementary agreement has lapsed on March 31, this year,' he said. Justice Sequerah ordered Hydroshoppe and Menara KL to pay legal costs totalling RM30,000 to the respondents. The respondents were the Ministry of Communications, its minister Datuk Fahmi Fadzil, the government, LSH Service Master Sdn Bhd, LSH Best Builders Sdn Bhd and Service Master (M) Sdn Bhd. The appeal was against the decision of the High Court in April, this year which had similarly dismissed the application for the ad interim injunction. Hydroshoppe and Menara KL had filed a breach of contract suit against the respondents, claiming that LSH and its units had induced a breach of contract that the companies (Hydroshoppe and Menara KL) had agreed to with the government in an Aug 2022 meeting. They claimed that LSH Capital and its units had committed dishonest assistance, and want the award of the KL Tower concession to LSH Service Master to be declared void and unlawful.
