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HIGH COURT MALAYA KUALA LUMPUR
ATAN MUSTAFA YUSSOF AHMAD, J
TOKIO MARINE LIFE INSURANCE MALAYSIA BERHAD – Appellant
Versus
RHB BANK BHD – Respondent
| Table of Content |
|---|
| 1. interpretation of right of first refusal. (Para 1 , 2 , 3) |
| 2. background facts of the bancassurance agreement. (Para 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13) |
| 3. reliefs sought by tmlm. (Para 14 , 15) |
| 4. arguments by tmlm and rhb. (Para 16 , 17) |
| 5. court's analysis of the right of first refusal. (Para 18 , 19 , 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34) |
| 6. commercial choices and consequences. (Para 35 , 36) |
| 7. additional opportunities to match. (Para 46 , 47) |
| 8. takaful issue and contemporaneous conduct. (Para 58 , 59 , 60 , 61 , 62 , 63 , 64 , 65 , 66) |
| 9. multiple opportunities and choices. (Para 67 , 68 , 69 , 70 , 71 , 72 , 73 , 74 , 75) |
| 10. legal interpretation of right of first refusal. (Para 77 , 78 , 79 , 80 , 81 , 82 , 83 , 84 , 85) |
| 11. application of astrazenica principles. (Para 86 , 87 , 88) |
| 12. conclusion and orders. (Para 90 , 91) |
[1] This Originating Summons concerns the proper interpretation and implementation of a right of first refusal in a bancassurance agreement between the Plaintiff, Tokio Marine Life Insurance Malaysia Bhd ("TMLM"), and the Defendant, RHB Bank Berhad ("RHB"). The central issue i
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