The dispute arose from agreements signed in 2022 involving Agrigrow Enterprise, Supernova Legacy Sdn Bhd and two other plaintiffs.SHAH ALAM: A businessman has been ordered to repay RM470,000 to three investors after a proposed durian plantation venture in Selangor failed to materialise.
Judicial Commissioner Anita Harun, of the Shah Alam High Court, upheld a summary judgment against Lee Beng Tiong, but set aside the order against two other partners of Agrigrow Enterprise.
The court found that Lee had personally promised to refund the RM570,000 paid by the investors under the joint venture agreements and had subsequently arranged a partial repayment of RM100,000.
The dispute arose from agreements signed in 2022 involving Agrigrow, Supernova Legacy Sdn Bhd and two other plaintiffs.
