On 7 February 2023, a litigation team led by our Partner, Wafiy Azman, successfully argued before the High Court and secured a judgment in the sum of RM46 million against several individuals.

Our client, Perbadanan Nasional Berhad (Pernas), who is suing Serba Dinamik Holdings Berhad’s managing director and two former senior executives of its subsidiaries over a share investment that went bad, has applied for a summary judgment against the defendants. The court also allowed Pernas to strike out the managing director’s counterclaim.

Please refer to the link below for the full report:

• https://www.theedgemarkets.com/node/654279.
• https://www.astroawani.com/berita-bisnes/pernas-peroleh-ringkasan-penghakiman-berkaitan-tuntutan-rm46-juta-ke-atas-pemilik-serba-dinamik-405538.

Azmi & Associates would like to thank our client, Pernas, for their trust in our services. We are looking forward to establishing a long-term relationship with their esteemed organisation.

Also, congratulations and thank you to our Litigation Partner, Wafiy Azman, and his dedicated team for handling their client’s case with the utmost care.

Corporate Communications
Azmi & Associates
22 February 2023