AEON BiG (M) Sdn Bhd said today Malaysia's Federal Court on April 20, 2021 dismissed Mega Continental Sdn Bhd's leave application to appeal against the Court of Appeal's decision to uphold the Penang High Court's ruling in a lawsuit initiated by hypermarket operator AEON BiG against Mega Continental involving the lease of a property in Bandar Alor Setar, Kedah.
PUTRAJAYA: The Court of Appeal has dismissed Mega Continental Sdn Bhd’s appeal against the Penang High Court judgment on Nov 8,2019, that an agreement to lease was a monthly tenancy as the state authority did not grant consent under Section 433B of the National Land Code 1965, according to Aeon Big.
“In this case, the termination of the agreement to lease for Aeon Big Alor Setar store is lawful according to the agreement to lease, ” Aeon Big said in a statement Saturday (Dec 12).
The statement said that in August 2020, the Alor Setar High Court set aside the judgment in default obtained by Mega Continental Sdn Bhd on June 9,2020, where the company claimed from Aeon BiG a judgment sum of RM142mil.