Former TV3 personality is being sued

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KUALA LUMPUR, June 5, 2012: The High Court here has instructed television presenter Ras Adiba Mohd Radzi to respond, by June 27, to a suit filed by a director of a Petronas supplier company alleging breach of a sale of shares agreement signed in 2006.

High Court registrar Nurhanum Hassan made the order after meeting counsel Mohammad Shafee Afendi for plaintiff Nik Fauzi Nik Hussein and Datuk Mohd Haziq Pillay Abdullah for the defendant.

Mohd Haziq told reporters that they needed to answer to the suit by June 27, which was fixed for case management.

In his suit filed on May 3, 2012, Nik Fauzi claimed that he owned 65% shares or 650,000 units of shares in Inki Plas Holding Sdn Bhd.

He said he had agreed to sell the 650,000 units valued at RM1 per unit and Ras Adiba, 44, had agreed to purchase the shares.

The 53-year-old director said there was a meeting held on June 7, 2006 to discuss the assets and liabilities of the company which needed to be taken into account when Ras Adiba bought and signed any agreement.

He said both of them had entered a sale of shares agreement on July 24.

Nik Fauzi alleged that after the contract was signed and stamped on Aug 2, Ras Adiba failed, refused or neglected to fulfil the terms in the contract.

He claimed that Ras Adiba had neglected and failed to assist in a bid to strengthen Inki Plas Holding and her failure to do so had resulted the company facing financial difficulties and burdening him in particular.

Nik Fauzi said this had caused him to suffer losses after he had to bear and pay the liabilities of Inki Plas Holding, whereas initially Ras Adiba had agreed to help with the strengthening and structuring of the company if it was under her organisation.

He is seeking a RM3,288,172 in damages or part of it or any part of the amount, any relief which is deemed fit and costs.-TSO