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Court dismisses bid by MYAirline co-founder Goh, four companies to strike out suit by 15 investors

Publish date: Wed, 13 Dec 2023, 05:45 PM

KUALA LUMPUR (Dec 13): The High Court has dismissed an application by Datuk Allan Goh Hwan Hua, a co-founder of the now-defunct MYAirline, and four companies to strike out a suit brought against them by 15 investors.

In her decision on Wednesday, High Court judge Adlin Abdul Majid said that this is not a "plain and obvious" case to be summarily dismissed, and that there are issues that need to be thrashed out during a trial.

The investors had sued Goh and the four companies over their alleged failure to pay monthly redemption value sums and financing returns from the investors’ outlay of about RM8 million.

During an event on Dec 6, PETRONAS acknowledged local oil and gas, services and equipment (OGSE) vendors and service providers who have contributed to the growth of the oil and gas industry in the state.

The companies being sued are i-Serve Online Mall Sdn Bhd (ISOM), Bright Moon Venture PLT (BMV), QA Smart Partnership PLT (QAS), and Trillion Cove Holdings Bhd (TCH).

Goh, 57, is a shareholder of ISOM, and a director and shareholder of TCH.

The defendants had filed the application to strike out the suit on the basis that the legal action was a nullity and an abuse of the court process.

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