Mohd Arief Emran Arifin J:

A. Introduction

[1] This is one of many cases where the Defendants have been sued concerning the Investment Agreements entered between various individuals, the First Defendant and in some cases allegedly guaranteed by the Second and Third Defendants.

B. Background Facts

[2] The Plaintiff and the First Defendant did enter into the following agreements:

[3] Material terms of the said Investment Agreements are as follows:

Section 2 .01 The Investment and No Solicitation

A. In consideration of and subject always to the Investor paving the Investment Sum to the Company in the manner as stipulated in s 2.02 below, the Company agrees to pay the Investor the Investment Target Return within fourteen (14) Business Days from December 31 during the Tenure of the Investment, subject to the terms and conditions herein contained in this Agreement.

B. For the avoidance of doubt, the Investor acknowledges and agrees that at no time did the Company solicit the Investment from the Investor and the Investor is entering into this Agreement by its own accord and willingness without any promotion or solicitation by the Company.

Section 2 .03 Returns of the Investment

A. In consid