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Published on 4th June 2024
The High Court of Brunei ruled in favor of Bank Islam Brunei Darussalam Berhad in a dispute with As-Syu'lah Sdn Bhd over a BND2.2 million land development financing arrangement. The plaintiff company sought financing for a petrol filling station project under a government scheme for small and medium-sized enterprises. ...
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Did you know that in a recent court case in Brunei, a petrol filling station project was at the center of a financial dispute? The judge emphasized the importance of sticking to contracts, and ultimately ruled in favor of the bank! Talk about a legal twist in the world of land development financing!
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