KUALA LUMPUR: The court has yet again ruled in favour of Star Media Group Bhd paving the way for two financial institutions to release bank guarantees amounting to RM50mil to the media giant.
Yesterday, Star Media Group won at the Court of Appeal quashing an attempt by property development company JAKS Island Circle Bhd (JIC) from getting an Erinford injunction to restrain the financial institutions from releasing the money.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!