KUALA LUMPUR (Dec 11): The Court of Appeal has upheld the High Court’s decision that the termination of the lease agreement for an AEON BiG store in Alor Setar was lawful.
AEON BiG (M) Sdn Bhd, in a statement today, said the appeals court dismissed landlord Mega Continental Sdn Bhd’s appeal against the November 2019 judgment of the High Court in Penang.
Mega Continental, a unit of Penang-based Belleview Group, had sued AEON BiG for RM142 million for allegedly failing to perform its obligation under the lease agreement after it vacated the store ahead of the expiry of the lease.