MatchPoint Times

Home

Court allows Sapura CEO to file objection over father’s ‘hibah’ claim

Cover Image for Court allows Sapura CEO to file objection over father’s ‘hibah’ claim

Shamsuddin Abdul Kadir, the 94-year-old Sapura founder, is seeking to revoke the grant of 14.85 million shares he allegedly made to son Shahril.

PUTRAJAYA: The shariah high court has allowed Sapura Holdings Sdn Bhd group CEO Shahril Shamsuddin to file a preliminary objection to his father’s application to revoke a hibah (gift or grant of property or assets) involving 14.85 million shares allegedly given to him in 1997.

Judge Irwan Ismail made the ruling today after hearing submissions from lawyers representing Sapura Holdings founder Shamsuddin Abdul Kadir and his sons, Shahril and Shahriman, who are named as defendants.

Shahril’s counsel, Rafie Shafie, told the court the defence would state in its affidavit that Shamsuddin had no documentary evidence to support the hibah claim, and had waited an unusually long period – 27 years – before raising the matter.

Tags:hibahSapura HoldingsShahril ShamsuddinShahriman Shamsuddinshamsuddin abdul kadirshares


Brown University gunman ‘could be anywhere’ on fifth day of manhunt

The lack of any identification has left residents on edge, as police say the investigation is hampered by limited security cameras.

🟡Reuters

FBI deputy director Bongino says he will step down next month

Dan Bongino announced the move on social media hours after President Donald Trump said he thought Bongino wanted to go back to his right-wing podcast.

🟡Reuters