(Enclosure 1)

Hayatul Akmal Abdul Aziz J:

Introduction

[1] The parties are:

1.1 The plaintiff:

1.1.1 Is a company incorporated in Hong Kong with a registered business office in Malaysia; and

1.1.2 Its principal representative in Malaysia is one Tan Peng Koon (Tan), a shareholder and a director of the plaintiff.

1.2 The defendant:

1.2.1 A Malaysian individual; and

1.2.2 At the material time was a Director/Officer/Treasurer of Phil Alstron Mining Corp, Philippines (Co. No. CS201329172), (PAMC).

[2] In a nutshell, the facts are:

2.1 Sometime in 2015, the defendant offered the plaintiff, through Tan, an opportunity to partake in a mining venture in the Philippines via an equity investment by acquiring 5% shares in both PAMC and Asia Alstron Mining and Development Corp (AAMDC).

2.2 A formal agreement