HIGH COURT MALAYA KUALA LUMPUR
CAREY REAL ESTATE SDN BHD – Appellant
Versus
IOI PROPERTIES GROUP BHD – Respondent
JUDGMENT
Introduction
[1] The plaintiff's claim for real estate agency fees was allowed after a full trial. This Court found that the plaintiff was the effective cause for a tenancy agreement entered into between one of the defendant's subsidiary company and a special corporate vehicle set up by the party introduced by the plaintiff. Dissatisfied, the defendant appealed, and these are the full grounds for the decision made on 15 November 2024.
Plaintiffs Claim
[2] The plaintiff claims from the defendant real estate agency fees to the sum of RM 1,233,215.13 ("the Said Sum") made up of a sum of RM 1,163,410.50 being its commission plus a sum RM69,804.63 being the 6% GST to be paid within 14 days from the date of judgment together with interest thereon at 5% p.a. from the date the tenancy agreement between Daehan Rehabilitation Services Sdn Bhd ("Daehan") and Resort Villa Development Sdn Bhd ("Resort Villa") became unconditional, which is agreed to be 1 September 2019, until one day before the date of judgment, and interest at 5% p.a. on the judgment sum including pre-judgment interest calculated from the date of judgment until the date of full realization and costs.
[3] T
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