JUDGMENT

Leonard David Shim JC:

[1] This is an application by the Plaintiff for a post Judgment Mareva injunction (Encl 140). The orders sought by the Plaintiff against the Defendant are as follows:

1. The above-named Defendant must not:

1.1 remove from Malaysia any of his assets which are in Malaysia whether in his own name or not and whether solely or jointly owned up to the value of RM30 million or any other amount that this Honourable Court deems fit and appropriate; or

1.2 in any way, dispose or deal with or diminish the value of any of his assets whether they are in or outside Malaysia, whether in his own name or not and whether solely or jointly owned up to the same value.

2. This prohibition includes the following assets, in particular:

2.1 any credit balance or monies as may or may hereafter be held at any bank, finance company or other financial institution including but not limited to the Defendant's bank account;

2.2 any real property; and

2.3 any shares and/or shares in any of the following companies;

3. If the total unencumbered value of the Defendant's assets in Malaysia exceeds RM30 million, the Defendant may remove any of those assets from Malaysia or may dispose of or deal