Wan Muhammad Amin Wan Yahya J:

GROUNDS OF JUDGMENT

(Enclosure 8)

[1]This is the Plaintiff’s application for summary judgment under Order 14 of the Rules of Court 2012 (Enclosure 8) (“this Application”).

[2]Having heard submissions and considered the affidavits, pleadings, and authorities, I allowed this Application and entered judgment for the Plaintiff. These are my reasons.

A] BACKGROUND

[3]The Plaintiff, Hong Leong Bank Berhad, is a licensed financial institution.

[4]The 1st Defendant, United Jaya Sdn Bhd, is the borrower. The 2nd to 5th Defendants are the Guarantors under a Letter of Guarantee dated 8.5.2019.

[5]The Plaintiff granted facilities totalling RM12,500,000.00 pursuant to several Letters of Offer (14.2.2018, 30.10.2018, 14.7.2020, 8.12.2020, and 7.9.2023) and a Facilities Agreement dated 5.4.2018.

[6]The 1st Defendant defaulted in repayment. A Letter of Demand was issued on 5.12.2023, followed by a Notice of Recall and Termination on 4.1.2024 and a Demand to the Guarantors on 16.1.2024. No payment was made.

B] PLAINTIFF’S POSITION

[7]The Plaintiff contends that the Defence comprises bare denials unsupported by evidence.

[8]While the Plaintiff concedes that a payment holiday was g