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NFC fails to reinstate RM1b special damages claim against Public Bank

National Feedlot Corporation Sdn Bhd and four others today failed to reinstate a claim of special damages of RM1 billion against Public Bank.

A three-member Federal Court bench led by Chief Justice Richard Malanjum unanimously refused to grant leave to NFC and the other appellants to appeal the Court of Appeal’s decision that struck out the inclusion of the special damages claim which was made last year, five years after the suit was filed...

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