Here is a brief recap of some corporate announcements that made the news on Friday (Jan 27), involving Revenue Group Bhd, AirAsia X Bhd, Malaysia Airports Holdings Bhd, Sarawak Consolidated Industries Bhd, UEM Edgenta Bhd, Ahmad Zaki Resources Bhd, Perak Transit Bhd, Hextar Industries Bhd, EcoFirst Consolidated Bhd, and LYC Healthcare Bhd.
Malaysia
Ipoh
Perak
Kuala-lumpur
Johor-bahru
Johor
Malaysian
Sdn-bhd
Shih-chiow
Ahmad-zaki-sdn-bhd
Shih-fang
Airasiax-bhd
Introduction
The year 2019 witnessed a myriad of statutory adjudication disputes in Malaysia. The surge in the number of disputes involving the statutory adjudication mechanism in the Construction Industry Payment and Adjudication Act (CIPAA) 2012 also led to a significant number of consequential challenges to adjudication decisions in the courts. This article highlights the notable decisions handed down by the Malaysian courts in 2019 and their effect on the future application of the CIPAA.
Prospective effect of CIPAA
The following noteworthy appeals marked the beginning of a dramatic departure from the retrospective effect of the CIPAA observed since its enactment in April 2014:
Jack-In Pile (M) Sdn Bhd v Bauer (M) Sdn Bhd ([2020] 1 MLJ 174); and
Australia
Malaysia
India
Malaysian
Commonwealth-of-australia
Australian
Gemilang-sdn-bhd
Sdn-bhdv-tasoon
Sdn-bhdv-bina
Selva-kumar
Pasukhas-sdn-bhd
Murugiahv-thiagarajah