Reference is made to the announcements made by Glomac on 29 May 2020, 9 December 2020, 27 September 2023 and 20 November 2023 in relation to the suit and followed by its subsequent announcements on the updates and developments.
Unless otherwise stated, a capitalised terms used herein shall have the same meanings referred to in the aforesaid announcement.
On 9 December 2020, the High Court allowed Glomac’s request to strike out the case, ordering the Plaintiff to pay RM7,000 in costs. The Plaintiff’s request for Summary Judgment was dismissed.
The Plaintiff appealed to the Court of Appeal (“COA”), which dismissed his appeal on the Summary Judgment but allowed the appeal against the strike-out, sending the case back to the High Court for a full trial.
On 17 November 2023, the High Court dismissed the Plaintiff’s claims for failure to prove the case on a balance of probabilities and ordered the Plaintiff to pay Glomac RM80,000 in costs, subject to Allocator fees.
The Plaintiff subsequently filed a Notice of Appeal on 13 December 2023. After several case management sessions, the COA fixed the hearing on 19 November 2025, on which date both parties proceeded with their submissions. Upon deliberation, the COA dismissed the Plaintiff’s appeal and awarded costs of RM50,000 in favour of Glomac.
This announcement is dated 25 November 2025.