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Major Asian Golf Club Forced to Close


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A winding-up petition filed against The Mines Resort & Golf Club w

has been posted.

 

A ship management services company has filed a winding-up petition against Mines Excellence Golf Resort Bhd, the operator of the Mines Resort & Golf Club, over unpaid debts of RM1.502 million.

 

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This course hosted several major tournaments including the 1st PGA Tour event in Southeast Asia from 2010 -2012. The title sponsor was CIMB.

 

Wilhelmsen Ships Service Malaysia Sdn Bhd filed the application in the High Court in Shah Alam on April 28, through Messrs Chooi and Company + Cheang & Ariff.

 

Wilhelmsen Malaysia is part of the Wilhelmsen global maritime industry group founded in 1861, which has presence in more than 70 countries.

 

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According to the petition, sighted by The Edge, Mines Excellence owed Wilhelmsen Malaysia RM1.502 million as at Aug 31, 2020.

 

Wilhelmsen Malaysia earlier successfully sued the club operator. The High Court's decision dated April 24, 2019 was upheld by the Court of Appeal on Nov 28, 2019.

 

Wilhelmsen Malaysia is now seeking for Mines Excellence to be wound up under the provisions of the Companies Act 2016 following non-payment of the owed amount.

 

A file search showed that Mines Excellence had appointed Messrs. S Ravichandaran & Anuar as its lawyer.

According to an advertisement placed by Wilhelmsen Malaysia, the petition is scheduled to be heard on Aug 4.

 

Could this just be the start of a wave of forced closures across SE Asia?

 

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