Malaysia Court of Appeal finds manner of delivery of vacant possession and issuance of certificate of completion are two distinct events
30 March 2023
Icon City Development Sdn Bhd v K-Shin Corporation Sdn Bhd  1 LNS 2171
The Malaysia Court of Appeal in Icon City Development Sdn Bhd v K-Shin Corporation Sdn Bhd held that the manner of delivery of vacant possession is not synonymous with the issuance of the certificate of completion, and that a party claiming for liquidated ascertained damages need not prove damages so long as breach of contract and the presence of a damages clause are established.
This article provides an overview of the court’s decision.
To read the full article, please click here.