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in the court of appeal malaysia (appellate jurisdiction)

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The response to <strong>the</strong> last two letters was a letter dated 23.5.2001 from <strong>the</strong><br />

solicitors for <strong>the</strong> 2 nd respondent which reads:<br />

“Messrs, Cheu, Adnan & Razi<br />

Suite 1-6-E7 & E8, 6 th Floor<br />

CPS Tower, Centre Po<strong>in</strong>t Sabah<br />

No.1 Jalan Centre Po<strong>in</strong>t<br />

88000 Kota K<strong>in</strong>abalu, Sabah.<br />

Dear Sirs,<br />

RE: JOINT VENTURE AGREEMENT DATED 10/7/98<br />

BETWEEN PAN-PACIFIC CONSTRUCTION<br />

HOLDINGS SDN BHD & NGIU KEE CORPORATION<br />

(M) BHD<br />

NOTICE OF TERMINATION<br />

We refer to <strong>the</strong> above matter where<strong>in</strong> we act for Ngiu Kee<br />

Corporation (M) Bhd.<br />

We have been <strong>in</strong>structed by our client to <strong>in</strong>form you as follows:<br />

1. That our client denies that <strong>the</strong>y are <strong>in</strong> breach <strong>of</strong> <strong>the</strong> Jo<strong>in</strong>t<br />

Venture Agreement (“<strong>the</strong> said JV Agreement”) as alleged<br />

by your client via your letter dated 17 April 2001.<br />

2. That pursuant to a meet<strong>in</strong>g between your client and our<br />

client on <strong>the</strong> 19 th April 2001, one Mr. Andrew Lo had<br />

<strong>in</strong>dicated that your client’s headquarters <strong>in</strong> Taiwan<br />

agreed to sell <strong>the</strong>ir 30% shares <strong>in</strong> <strong>the</strong> jo<strong>in</strong>t venture<br />

company to our client <strong>in</strong> accordance with <strong>the</strong> terms <strong>of</strong> <strong>the</strong><br />

said JV Agreement.<br />

3. That on <strong>the</strong> same day, our client orally accepted <strong>the</strong> <strong>of</strong>fer<br />

to purchase your client’s 30% shares <strong>in</strong> <strong>the</strong> jo<strong>in</strong>t venture<br />

company, which was confirmed by our client’s letter to<br />

your client via a letter dated 19 th April 2001.<br />

4. That <strong>in</strong> fur<strong>the</strong>rance to paragraph 3 above, our client<br />

orally <strong>in</strong>structed <strong>the</strong> company auditors, Messrs Ernst &<br />

57

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