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Thursday, August 22, 2024

Vincent Tan seeks to drop judicial review, but Spanco rejects terms

 

Vincent Tan
Berjaya Group founder Vincent Tan previously claimed his consortium had received a letter of intent from the government for the concession, which was terminated after Muhyiddin Yassin became prime minister.

KUALA LUMPUR
Berjaya Group founder Vincent Tan has filed in the High Court a notice of discontinuance to withdraw a judicial review application against the government’s decision to terminate his company’s letter of intent for a multi-million ringgit vehicle fleet concession.

The tycoon, through Cekap Urus Sdn Bhd, had filed the application early this month but one of the respondents, Spanco Sdn Bhd, disagreed with the terms of the withdrawal.

In its application filed a year ago, Cekap Urus had also named the government and finance ministry as the other respondents.

Federal counsel Sallehuddin Ali confirmed the matter, after appearing for Putrajaya in a case management before senior assistant registrar Lee Ka Ful today.

Since there are some disputes, the matter will come up before Justice Ahmad Kamal Shahid on Sept 3,
 he told FMT.

Lawyer Chuar Kia Lin represented Cekap Urus while Edmund Choi acted for Spanco.

Cekap Urus, a joint venture involving Berjaya and Naza Group, had obtained leave to file an application for a judicial review and parties were said to be filing affidavits for the merit of the case to be heard.

At a press conference last year, Tan claimed his consortium had received a letter of intent from the government to supply fleet vehicles, but three months after Muhyiddin Yassin became prime minister, he was notified that the deal had been terminated.

He also alleged that the tender had reverted to Spanco, despite the Berjaya-Naza bid being RM700 million cheaper than Spanco’s offer.

In 2018, the government had called on companies to bid for a contract to supply, maintain and manage its fleet of official vehicles for the next 15 years.

Berjaya and Naza formed a consortium to bid for the contract that reportedly involved some 12,500 vehicles worth an estimated RM300 million annually, from the fifth year of the contract onward.

Aside from Berjaya-Naza, several other companies submitted their bids, including Sime Darby Bhd, DRB-Hicom Bhd, Samling Group, Comos, Go Auto, and Spanco, which had held the concession since 1994. - FMT

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